Centre launches Secured Logistics Document Exchange and Calculator for GreenHouse Gas Emissions Initiatives

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What is the News?

Government of India has launched the Secured Logistics Document Exchange Initiative along with a Calculator for GreenHouse Gas Emissions Initiative.

 About Secured Logistics Document Exchange(SLDE) Initiative:
  • SLDE platform is a solution that aims to replace the present manual process of generation, exchange and compliance of logistics documents with a digitized, secure and seamless document exchange system.
  • The platform will enable generation, storage and interchange of logistics-related documents digitally using Aadhaar and blockchain based technology.
  • Developed by: The platform has been developed and executed with banks (ICICI, Axis Bank, State Bank of India and HDFC Bank) and stakeholders including freight forwarders, exporters, importers and vessel operators.
  • Benefits of the Platform: The platform will provide a
    • complete audit trail of document transfer
    • faster execution of transaction
    • lower cost of shipping and overall carbon footprint
    • easy verification of authenticity of documents
    • lowered risk of fraud, etc.
About Greenhouse Gas(GHG) Emission calculator Initiative:
  • The GHG Calculator is an efficient, user-friendly tool that provides for calculating and comparing GHG emissions across different modes.
  • The calculator allows for commodity-wise comparison of GHG emissions and total cost of transportation, including their environmental cost, between movement by road and rail.
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