Maharashtra Government Approves Logistics Policy 2024
National Logistics Policy (NLP)
- Launched in September 2022.
- Aims to reduce logistics costs from 13-14% of GDP to 8% by 2030.
- Focuses on digitalization, infrastructure, multi-modal transport, skill development, and public-private partnerships.
- Expected to boost economic growth, create jobs, and enhance India’s global competitiveness.
Importance of Logistics Policies:
- Reduce logistics costs and improve efficiency.
- Create employment opportunities.
- Enhance competitiveness of businesses.
- Improve supply chain resilience.
- Promote sustainable development.
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Key Components of Logistics Policies
- Infrastructure development (roads, railways, ports, airports, warehouses)
- Technology adoption (digitalization, tracking, optimization)
- Skill development (skilled workforce)
- Policy and regulatory reforms (simplification, ease of doing business)
- Public-private partnerships (infrastructure development, service delivery)
- Sustainability (environmentally friendly practices)
Challenges in Logistics
- Infrastructure gaps
- Inefficient processes
- Skill shortages
- High logistics costs
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