- The Prime Minister, Shri Narendra Modi launched the National Logistics Policy (NLP) at Vigyan Bhawan, New Delhi on September 17, 2022.
- Speaking on the occasion, the Prime Minister called the launch of the National Logistics Policy a significant step in fulfilling the ‘Pran’ of India being a developed country. “To ensure quick last mile delivery, end transport-related challenges, save time and money of the manufacturers, prevent wastage of the agro-products, concerted efforts were made and one of the manifestations of those efforts is today’s National Logistics Policy”, the Prime Minister said. The resulting improvement in coordination will lead to the desired speed in the sector.
- The prime minister said the capacity of Indian ports has increased significantly and the average turn-around time of container vessels has come down from 44 hours to 26 hours. Schemes like Sagarmala and Bharatmala project that connect ports and dedicated freight corridors expedited the work of Dedicated Freight Corridors to improve logistics connectivity for systematic infrastructure development, he said.
- The government has created 40 air cargo terminals to improve the speed of exports, he said and noted “35 multi-modal logistics hubs are being established in India.” The prime minister maintained that a policy in itself is not the result. “It’s the beginning as Policy + Performance = Progress,” he said.
- From 13-14 per cent logistics cost, we should all aim to bring it to single-digit as soon as possible. This, in a way, is a low-hanging fruit, if we have to become globally competitive”, the Prime Minister emphasised.