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With an aim to expedite the last-mile delivery, helping businesses save time and money, the government has unveiled the National Logistics Policy. The three main targets of the policy are reducing logistics cost in India to be comparable to global benchmarks by 2030; effort to bring India among the top 20 nations by 2030 in the Logistics Performance Index ranking, and creating a data-driven decision support mechanism for an efficient logistics ecosystem. The vision is to develop a technologically enabled, integrated, cost efficient, resilient, and sustainable logistics ecosystem in the country for accelerated growth.

The policy aims at reducing the logistics cost from about 13 per cent of GDP to 7.5 per cent of the GDP and generating jobs in the coming years. Under human resource development, the focus would be given to mainstream logistics in higher education; and the development of online training programmes. A task force would be formed with a mandate to identify action areas.

Under export-import logistics, the focus would be on addressing infrastructure and procedural gaps; and developing institutional mechanisms for trade facilitation. Similarly, as part of the service improvement framework, the policy would talk about improvement in regulatory interface to enable seamlessness between sectors.