- The NLP aims to promote seamless movement of goods across the country and improve the competitiveness of Indian goods in domestic as well as global markets.
- It is an umbrella policy for the logistics sector which has been launched to curb logistical costs in India, which are high compared to other developed economies.
- India’s logistics cost with respect to its Gross Domestic Product (GDP) is around 13-14% and the NLP aims to bring it down to single digits.
- At the event, PM Modi said that NLP was a part of the continuous effort of the GoI to improve systemic infrastructure development and connectivity, thus bringing the logistical cost down.
- He further said that NLP will ensure quick last-mile delivery, saving time and money for the manufacturers, ending transport-related challenges, and preventing wastage of the agro-products.
Question:
Q.1 The National Logistics Policy was launched by?a. Droupadi Murmu
b. Narendra Modi
c. Nitin Gadkari
d. Piyush Goyal
