‘States to compete on new logistics index’

Note4students

Mains Paper 3: Economy | Infrastructure: Energy, Ports, Roads, Airports, Railways etc.

From UPSC perspective, the following things are important:

Prelims level: Logistics index, Global Logistics Summit, FICCI

Mains level: Government initiatives to boost efficiency across various infrastructure sectors

News

Logistics index for states

1. The government is working on creating a logistics index that would score States on their performance in the sector
2. Commerce Minister announced this at the Global Logistics Summit jointly organized by FICCI, Ministry of Commerce, Govt. of India and The World Bank Group

Changes related to the logistics sector

1. The multi-modal transport issue is now being addressed by the new logistics division under the Commerce Ministry
2. It is the first time that logistics as a subject is being dealt with at the level of the Government of India
3. Logistics sector was also granted infrastructure status recently