{"id":206625,"date":"2022-09-19T18:54:46","date_gmt":"2022-09-19T13:24:46","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=206625"},"modified":"2022-09-19T18:54:46","modified_gmt":"2022-09-19T13:24:46","slug":"pm-launches-national-logistics-policy","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/pm-launches-national-logistics-policy\/","title":{"rendered":"PM launches National Logistics Policy"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article<\/span><b> \u201c<\/b><b>PM launches National Logistics Policy<\/b><b>\u201d <\/b><span style=\"font-weight: 400;\">published in<\/span><b> PIB <\/b>on<b> 18th September 2022.<\/b><\/p>\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The Prime Minister has launched the National Logistics Policy(NLP).\u00a0<\/span><\/p>\n<h5><b>What is Logistics?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Logistics encompasses planning, coordinating, storing, and moving resources \u2014people, raw materials, inventory, equipment, etc from one location to another, from the production points to consumption, distribution, or other production points.<\/span><\/p>\n<h5><b>What is the aim of the National Logistics Policy(NLP)?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Reduce the cost of logistics from 14-18% of GDP to global best practices of 8% by 2030. Countries like the US, South Korea, Singapore, and certain European nations have such a low logistics cost-to-GDP ratio.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Improve the country\u2019s Logistics Performance Index (LPI) ranking to be among top 25 countries by 2030.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Create data-driven decision support systems (DSS) to enable an efficient logistics ecosystem.<\/span><\/p>\n<h5><b>Key Building Blocks of the policy<\/b><\/h5>\n<p><b>Unified Logistics Interface Platform(ULIP):<\/b><span style=\"font-weight: 400;\"> It aims to collapse all logistics and transport sector digital services into a single portal, thereby freeing manufacturers and exporters from the present tyranny of long and cumbersome processes.<\/span><\/p>\n<p><b>Ease of Logistics Services (E-Logs):<\/b><span style=\"font-weight: 400;\"> It aims to allow the industry to directly take up operational issues with government agencies for speedy resolution.<\/span><\/p>\n<p><b>Comprehensive Logistics Action Plan<\/b><span style=\"font-weight: 400;\">: It comprises integrated digital logistics systems, standardization of physical assets, benchmarking service standards, human resource development, capacity building, development of logistics parks etc.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cPM launches National Logistics Policy\u201d published in PIB on 18th September 2022. What is the News? The Prime Minister has launched the National Logistics Policy(NLP).\u00a0 What is Logistics? Logistics encompasses planning, coordinating, storing, and moving resources \u2014people, raw materials, inventory, equipment, etc from one location to another,&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/pm-launches-national-logistics-policy\/\">Continue reading <span class=\"screen-reader-text\">PM launches National Logistics Policy<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,7965,9],"tags":[3590],"class_list":["post-206625","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-miscellaneous-daily-factly-articles","category-public","tag-pib","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/206625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=206625"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/206625\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=206625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=206625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=206625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}