Efficient logistics to drive India through Amrit Kaal to become Atmanirbhar: Piyush Goyal

Union Minister Piyush Goyal said the journey from India@75 to India@100 – marking 100 years of India’s independence – requires an efficient logistics ecosystem to take the country through its Amrit Kaal to become Atmanirbhar, or a country in its own right.

The minister attended the one-day workshop on “Logistics Cost Framework” organized by the DPIIT, Ministry of Trade and Industry, in partnership with the Asian Development Bank (ADB) on Monday in the national capital.

Infrastructure development efforts through multiple initiatives such as Bharatmala, Sagarmala, Dedicated Freight Corridor (DFC) and the PM GatiShakti initiative are expected to reduce India’s logistics costs from double digits to single digits, Goyal said, considering India’s geography, size and complexity, among others .

He shared that over the past nine years, India has gone from the 10th largest country in terms of GDP to the 5th largest country in the world.

He reiterated that India will become the third largest country (economically) in the next two to three years due to the effective infrastructure projects to be implemented. He added that e-commerce, smarter free trade deals, adopting international quality standards, good manufacturing practices, leveraging our successful startup ecosystem, leveraging the National Education Policy 2020, drone technology and artificial intelligence will help accelerate India’s development.

“Logistics in India as a political tool will contribute to ‘Serving the World from India’ and ‘Producing in India for the World,'” he said.

While sharing his opinion, Minister DPIIT Anurag Jain said that in just four years India’s infrastructure is many times better than before. He also shared how PM GatiShakti’s national master plan has revolutionized the planning process, adding that it has helped reduce time and costs in DPR preparation and infrastructure projects and make the best use of financial and human resources.

National master plan is an approach that enables integrated and synchronized implementation of projects.

It was launched on October 13, 2021 by Prime Minister Narendra Modi with a vision to break down departmental silos in government and institutionalize holistic planning for stakeholders on major infrastructure projects.

The national master plan aims to reduce logistics costs in India compared to global benchmarks by 2030, improve the Logistics Performance Index ranking (the goal is to be among the top 25 countries by 2030) and a data-driven mechanism to create efficient logistics ecosystem. YEARS

Related Articles

Back to top button