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Maharashtra Government approves Logistics Policy 2024

Maharashtra Government approves Logistics Policy 2024

Maharashtra Government approves Logistics Policy 2024

Maharashtra Government Approves Logistics Policy 2024

Maharashtra Government Approves Logistics Policy 2024

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.

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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