Everything You Need To Know About National Logistics Policy
National Logistics Strategy: Date of Launch
On September 17, 2022, Prime Minister Narendra Modi introduced the National Logistics Policy in New Delhi, which will end the silo system and put all departments and states under one roof. “Consistent efforts were made to ensure rapid last mile delivery, end transport-relate issues, save time and money for the producers, and reduce wastage of the agro-products,” said Prime Minister Narendra Modi. The National Logistics Policy of today is one result of those efforts.
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The National Logistics Policy, along with performance. Will be a driving force for the Indian economy given that India is rapidly becoming a global manufacturing powerhouse and that logistics is regard as the lifeblood of the economy. The National Logistics Policy will aim to address issues facing the transportation industry and reduce company logistics costs from 13–14% to under 10%. In the future, drone technology will play a significant role in transportation and logistics, particularly in rural areas.
The PM GatiShakti National Master Plan, UDAAN, Bharatmala, Sagarmala, National Infrastructure Pipeline, and other important efforts in India’s transportation infrastructure sector are all in line with the National Logistics Policy.
Vision of the National Logistics Policy
The National Logistics Policy’s objective is to create in India an ecosystem for fast and inclusive growth. That is technologically enabled, integrated, affordable, resilient, sustainable, and trusted. With the help of the National Logistics Policy, attempts will be made to bring India’s logistics costs down to level with international standards by 2030. This will also aid in developing data-driven decision support systems for a successful logistics ecosystem.
The new Logistics Policy, one of the most significant policies, is a great illustration of inter-ministerial cooperation. By better integrating the supply chain, this policy will save logistics. And inventory costs, increase agility, and improve responsiveness while also lowering bottlenecks. New growth hubs will be create with the help of the Multi-modal logistics park. Which identifies 35 locations across the entire nation.
India hopes to rank among the top 25 nations in the Logistics Performance Index by 2030 thanks to the efficient implementation of the National Logistics Policy.
Implementing National Logistics Policy with a Comprehensive Logistics Action Plan (CLAP)
The National Logistics Policy will be put into practice through a Comprehensive Logistics Action Plan (CLAP). Eight major action areas make up the interventions suggested by the CLAP. These consist of:
- Systems for Integrated Digital Logistics
- Setting benchmarks for service quality and standardizing physical assets
- Development of Human Resources in Logistics and Building Capacity
- State Participation
- Logistics for EXIM (Export-Import)
- Framework for Service Improvement
- Sectoral Logistics Plan for Effectiveness
- Development of Logistics Parks is facilitate.
The National Logistics Policy’s significant emphasis on promoting green logistics by increasing the freight share for ecologically friendly modes of transportation like rail, inland waterways, & coastal shipping is another positive development. The NLP’s effort to create a strong logistics infrastructure in the nation will be operationalize by the Comprehensive Logistics Action Plan and its eight carefully consider pillars. Which will help make Indian exports competitive and open up opportunities for businesses to seamlessly integrate with global value chains.
National Logistics Policy: Establishing a Platform for Unified Logistics Interface (ULIP)
The National Logistics Policy’s use of innovation and technology is a key component. As part of the National Logistics Policy, the Unifies Logistics Interface Platform (ULIP)-You Leap will be create to assist various public and commercial organisations, shippers, and service providers in enabling confidential real-time information interchange. The ULIP will consolidate all digital services relating to the transportation industry into a single interface. Relieving exporters of a number of extremely time-consuming and onerous procedures. One of the eight actions listed in the comprehensive logistics action plan. Which will be use to implement the policy, is the development of ULIP.
“NLP stands on the dynamic pillars of cooperative federalism” where all logistics stakeholders come together to use technology platforms like ULIP & e-Log to reduce redundancy, increase speed, and be more competitive globally, according to Chandranath Dey, Head – Operations, Business Development, L&I Consulting and or PAGI, Logistics & Industrial, JLL, India.
National Logistics Policy: Establishment of a platform for easy logistics services
A new digital platform called Ease of Logistics Services – E-Logs has been launched as part of the National Logistics Policy. Through this platform, industry organisations can directly address any such problems that are obstructing their operations and performance with the government agencies. The swift resolution of such matters has also been provided for by a comprehensive mechanism, according to Modi.
PM GatiShakti’s National Master Plan and the National Logistics Policy
Infrastructure, services (digital technology, processes, and regulatory framework). And human resources all have a role in how efficiently logistics are run. India has addressed logistics efficiency in a step-by-step manner. In order to promote first and last mile connectivity for seamless flow of people and products, the PM GatiShakti National Master Plan (NMP) focuses on integrating existing & proposed infrastructure development projects of various agencies. The PM GatiShakti National Master Plan will address the development of integrated infrastructure and network planning. But the National Logistics Policy is the logical next step because it is require for efficiency in services (processes, digital systems, regulatory framework), and human resource management. A detailed plan for the growth of the entire logistics ecosystem will be provided by the National Logistics Policy.
The National Logistics Policy would offer India’s logistics sector a new direction, according to Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles Piyush Goyal. Food grains as well as other necessities were deliver on schedule to every person during COVID-19. Demonstrating to the world the power of India’s logistics industry and assisting us in setting new records in global trade. GatiShakti and the National Logistics Policy will function as two separate engines for logistics.
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