National Logistics Policy | NLP can do to India’s logistics what UPI has done to payments
The pivot idea of the National Logistics Policy will be the seamless interoperability, through an overarching interdisciplinary, cross-sectoral, and multi-jurisdictional architecture backed by a robust tech backbone
Long queues of lorries and trucks loaded with cargo at the inter-state border gates of national highways is a familiar sight. It is not always because of the tolls that they have to pay to continue with their journey. A large part of this is also because of documentation, and cumbersome procedural bottlenecks.
In India getting goods to move from the source point to the destination has always been a seriously costly affair. While, there is no official estimation of logistics cost for India, some estimates have pegged logistics cost to be 13 to 14 percent of the country’s gross domestic product (GDP). This compares unfavourably with European countries where the logistics costs stand at about 8-9 percent of the GDP.
https://www.moneycontrol.com/news/o...cs-what-upi-has-done-to-payments-9192561.html
The pivot idea of the National Logistics Policy will be the seamless interoperability, through an overarching interdisciplinary, cross-sectoral, and multi-jurisdictional architecture backed by a robust tech backbone
Long queues of lorries and trucks loaded with cargo at the inter-state border gates of national highways is a familiar sight. It is not always because of the tolls that they have to pay to continue with their journey. A large part of this is also because of documentation, and cumbersome procedural bottlenecks.
In India getting goods to move from the source point to the destination has always been a seriously costly affair. While, there is no official estimation of logistics cost for India, some estimates have pegged logistics cost to be 13 to 14 percent of the country’s gross domestic product (GDP). This compares unfavourably with European countries where the logistics costs stand at about 8-9 percent of the GDP.
https://www.moneycontrol.com/news/o...cs-what-upi-has-done-to-payments-9192561.html