The finance ministry has proposed productivity tests for railways, road transport, shipping, and metro rail projects to evaluate their impact on the economy and people’s lives. The Niti Aayog will monitor the data generated by these tests and provide recommendations. A study will also be conducted to assess the optimal share of different modes of … Read more
India will push for creation of an Artificial Intelligence based portal at the G20 that will house various data on supply chains that will particularly aid MSMEs in the developing world. “An international body such as the UNCTAD could house it”, a senior government official said. The discussions are at initial stages but the attempt … Read more
India is planning to bid out 6-7 multi-modal logistics parks or MMLPs in the next financial year (2023-24), eyeing a significant upgrade of its logistics infrastructure. Another 14-15 critical infrastructure gap connectivity projects for road-based port connectivity are slated for development in the coming year. According to senior road, transport and highways ministry officials, 6-7 … Read more
A number of logistics stocks that had rallied recently ahead of the launch of National Logistics Policy 2022 last Saturday continued to gain on Monday but rose only up to 2 per cent. “Not much action was seen today because most of it is already priced in given the rally that we saw in anticipation … Read more
Prime Minister Narendra Modi on Saturday will launch the national logistics policy on September 17, a statement issued by the PMO on Friday said. The policy is aimed at promoting seamless movement of goods and enhancing the competitiveness of the industry. It is expected to focus on areas such as process re-engineering, digitisation, and multi-modal … Read more
NEW DELHI: Minister of state for commerce and industry Som Parkash on Wednesday said that the government is in the final stages of drafting a National Logistics Policy, New Industrial Policy, e-commerce Policy and National Retail Trade policy. The retail trade policy will benefit 65 million small traders, he said at an event organised by … Read more
New Delhi: The government has proposed to formulate a National Retail Trade Policy and stakeholder consultations are being held for the same, Parliament was informed on Wednesday. In a written reply in the Rajya Sabha, Commerce and Industry Minister Piyush Goyal said that the government has set up a National Traders’ Welfare Board with the … Read more