SME Times News Bureau | 19 Feb, 2019
Union Minister of Commerce & Industry Suresh
Prabhu on Tuesday addressed the first stakeholder consultation on the draft
logistics policy prepared by the Department of Logistics of the Ministry of
Commerce & Industry in New Delhi.
The National Conference on Logistics Policy is
being held on 19 - 20 February, 2019 in New Delhi.
Speaking on this occasion Commerce Minister said
that the cost of logistics in India is extremely high as compared to other
countries. India is now aiming to become one of the most efficient logistics
providers in the world.
Commence Minister further stated that for this
the Ministry of Commerce has drafted a National Logistics Policy which will
provide an overall vision and direction to integrated development of logistics
in the country.
Prabhu informed that the two-day national
conference has been organized to seek inputs of the policy from all the
stakeholders who will be the end users of the National Logistics Portal.
The Minister further said that the vision of the
policy is to ramp-up economic growth and trade competitiveness through an
integrated, seamless, efficient, reliable and cost effective logistics network.
Prabhu informed that logistics is a very
important component of ease of doing business as 80 % of ease in business
relates to logistics.
In order to ensure cross-ministerial
coordination, a robust governance framework has been set up bringing together
government, academia, and industry.
Prabhu promised that he will personally oversee
the implementation of the plan and eliminate any bottlenecks. He also informed
that the Ministry is putting in place the national logistics fund to help
implement the plan.
He hoped that the two-day consultation will
result in fruitful discussion and he assured that the inputs given by the
stakeholders will be incorporated in the policy.
On this occasion, Commerce Minister launch the
SAFAR Mobile App.
This app will help to gauge the actual issues
faced by transporters on the road. The app tracks the incidence of a number of
parameters faced by transporters and automatically records the location of the