India surges to 38th place in Global Logistics Performance, World Bank report reveals

India has climbed to the 38th position out of 139 countries in the World Bank’s Logistics Performance Index Report (2023), showcasing an improvement of six places since 2018 and sixteen places since 2014, The Union Minister of State for Commerce and Industry, Som Parkash, presented this information in a written reply in the Lok Sabha today.

An Inter-Ministerial team, composed of Stakeholder Ministries/Departments, is actively engaged in targeted action plans to enhance logistics performance across six parameters: Customs, Infrastructure, Ease of arranging shipments, Quality of logistics services, Tracking and Tracing, and Timeliness.

In addition, the National Committee for Trade Facilitation (NCTF) operates with a three-tiered structure, addressing various aspects under the NTFAP 2020-23, with 27 action points identified for infrastructure upgrades.

The Prime Minister had also launched the PM GatiShakti National Master Plan on October 13, 2021, and the National Logistics Policy on September 17, 2022, aiming to enhance logistics efficiency and reduce costs. Operational digital reforms like the Unified Logistics Interface Platform (ULIP) and Logistics Data Bank, ensuring the digitized track and trace of 100% containerized EXIM cargo, are in place.

Moreover, the line ministries are implementing measures, including railway track electrification by MoR, reduced release times at land ports by LPAI, and the launch of NLP Marine for port-related logistics operations.

In addition, the automation of weighbridges is being undertaken; to name a few key initiatives.

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