National Logistics Policy sets a tough task of achieving transparency and efficiency in the much-fragmented logistics sector.
The government announced the much-awaited National Logistics Policy earlier this month. The policy, which envisages developing a technologically enabled, integrated, cost-efficient, resilient and sustainable logistics ecosystem, has received Cabinet approval. Over the last few years, the segment has been under the government’s keen eye, with a slew of efficiency-boosting measures such as e-waybills, FASTag and the PM Gati Shakti plan. However, an overhaul hinges on expeditious and efficient execution of such initiatives. Mint explores the factors that plague the sector: