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'Digitisation need of the hour for logistics sector'
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SME Times News Bureau | 26 Oct, 2020
As the Indian logistics sector returns to normal operations after being
severely impacted by the pandemic and the lockdowns, sector players feel
that digitisation is the need of the hour for the segment.
They
are of the view that the National Logistics Policy which is currently
under works would digitally integrate all stakeholders and the processes
involved in the operations.
"The foremost expectation from the
National Logistics Policy is a digital integration of the highly
fragmented players and processes of the logistics sector in India. The
non-availability of such single window platforms makes the logistics
sector too complicated," said Ambrish Kumar, Founder of Zipaworld and
Group CEO, AAA 2 Innovate Private Ltd.
Noting that digitisation
is the need of the hour for the logistics sector in India, Kumar said
that government should promote and encourage the tech players to come
forward to assist in a swift turnaround of the orthodox working model of
the logistics sector.
Lancy Barboza, Managing Director of Flomic
Group said that for the Indian logistics sector to achieve best global
standards, port infrastructure should be improved, laws should be
simplified as much as possible and ambiguities need to be discarded.
The logistics policy, she said, must come out with clear regulations for shippers, consignees, exporters and importers.
"Existing loopholes in legislation should be eliminated or mitigated as much as possible," Barboza said.
According
to Rajesh Neelakanta, ED & CEO, BVC Logistics, tax exemption should
be allowed for the sector's exports during the pandemic period. He said
that it will help logistics providers to stay afloat and see thru these
difficult times.
"Further extensions in timelines for payment of
tax dues/filing of returns for business done this financial year, to
help tide over the huge cash flow crisis that businesses are going
through currently, would be a strong support sentiment that the
government can extend," he said.
He noted that one of the major
challenges that a logistics service provider is facing is the different
interpretations of the GST law by state enforcement officers.
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