Prime Minister, Narendra Modi launched the National Logistics Policy (NLP) at Vigyan Bhawan, New Delhi on Saturday.

The need for a national logistics policy was felt since the logistics cost in India is high as compared to other developed economies. It is imperative to reduce the logistics cost in India for improving the competitiveness of Indian goods both in domestic as well as export markets. Reduced logistics cost improves efficiency cutting across various sectors of the economy, encouraging value addition and enterprise.

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 policy is a beginning and policy plus performance is equal to progress echoed by PM Modi. When parameters, roadmap, and the timeline for performance come together then policy plus performance equal to progress emerges, he elaborated. “Today’s India prepares the ground before bringing any policy, only then a policy can be implemented successfully. National Logistics Policy has not come out of the blue and there are 8 years of hard work behind it. There are policy changes, major decisions, and, if I talk about myself, it has my 22 years of governance experience behind it”, he said.

 “From 13-14 per cent logistics cost, we should all aim to bring it to single-digit as soon as possible”, echoed PM Modi.  

The government has put significant emphasis on improving both, Ease of Doing Business and the Ease of Living. National Logistics Policy, a comprehensive effort to address issues of high cost and inefficiency by laying down an overarching interdisciplinary, cross-sectoral, and multi-jurisdictional framework for the development of the entire logistics ecosystem, is yet another step in this direction. The policy is an endeavour to improve the competitiveness of Indian goods, enhance economic growth and increase employment opportunities.

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