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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