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PMO schedules a meeting on Oct 3 to discuss draft National Logistics policy

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The Prime Minister’s Office has called a meeting of secretaries to discuss the draft National Logistics Policy which is scheduled on October 3, 2019.

Earlier in February, the commerce ministry had unveiled a 23-page draft policy. The objective of the policy is to create a single point of reference for all logistics and trade facilitation happening in the country.

As said by an official, secretaries from various departments including commerce, steel, revenue, shipping, food processing, agriculture, oil and gas, chemicals, corporate affairs and chairman Railway Board will attend the meeting.

Prepared in consultation with the Ministries of Railways, Road Transport and Highways, Shipping and Civil Aviation, the draft National Logistics Policy aims at bringing down the 14% logistics cost of India’s GDP to 9%.

The draft policy will deal with the simplification of documentation for exports/ imports and drive transparency through digitization of processes involving customs, in regulatory, certification and compliance services.

Besides, it will also be focusing on creating a data and analytics centre to drive transparency and continuous monitoring of key logistics metrics.

In addition, the policy has suggested several steps, including creating a National Logistics e-marketplace as a one stop marketplace.

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