Centre working on draft legislation on logistics: Official
PTI, Jul 26, 2020, 9:26 PM IST
Kolkata: The Centre is preparing a draft legislation on logistics with a view to promoting the growth of the sector and replace the existing multimodal transportation of goods law, an official said.
The efficiency in logistics comes from end-to-end services, and hence the document will not just focus on multi-modal transport, Department of Commerce Special Secretary (Logistics) Pawan Kumar Agarwal said, while speaking at a webinar organised by the Indian Chamber of Commerce.
“The government in the process of drafting the National Logistics Efficiency Advancement Predictability and Safety (NLEAPS) Act,” a statement quoted him as saying.
Agarwal invited opinions from all stakeholders in making the draft legislation which he said was “beyond just a logistics document.”
This tends to define various participants of logistics space and create a light regulatory ecosystem, he said. Some apps will be introduced soon to ensure real-time visibility across the supply chain, Agarwal said.
According to sources, India’s logistics sector is highly fragmented and the government aims at reducing the transportation cost to make industries competitive in international markets.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
China lifts restrictions, gives all clear nod for Tesla cars as Musk lobbies hard in surprise visit to Beijing
Indian markets rebound sharply on buying in bank stocks, firm global trends
Markets rebound in early trade amid global rally, buying in ICICI Bank and Reliance
Elon Musk in Beijing amid efforts to promote Tesla’s autonomous driving tech
Corporate earnings, US Fed interest rate decision to drive markets in holiday-shortened week: Analysts
MUST WATCH
Latest Additions
ISRO releases ISSAR 2023 report on vulnerability of space assets to collisions
Hunasagi: MLA Bairati Basavaraj’s car overturned
No CM can remain absent for long, it’s against national interest: Delhi HC on Kejriwal
Cricket for the Blind: A Transformative Journey Empowering Visually Impaired Athletes
China lifts restrictions, gives all clear nod for Tesla cars as Musk lobbies hard in surprise visit to Beijing