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What Has Been India's Logistic Reforms? DPIIT Tells To World Bank

This meeting signifies a crucial step in positioning India as a frontrunner in logistics efficiency, showcasing its commitment to embracing digital advancements and global best practices. Read on to know more.

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Shreshtha Verma
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What Has Been India's Logistic Reforms? DPIIT Tells To World Bank

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In a significant move to boost India's Logistics Efficiency on the global stage, the Department for Promotion of Industry and Internal Trade (DPIIT) convened a meeting with the World Bank Team in New Delhi.

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Chaired by Special Secretary (Logistics) Sumita Dawra, the meeting focused on presenting the ongoing and upcoming initiatives and reforms aimed at enhancing India's Logistics Performance Index (LPI).

Government's Targeted Action Plan

Special Secretary (Logistics) DPIIT, highlighted the collaborative efforts across various Ministries and Departments, emphasizing the generation of big data to drive improvements in the country's logistics efficiency. The ultimate goal is to elevate India's ranking in the World Bank LPI.

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India's Best Practices and Initiatives Unveiled At World Bank

During the meeting, DPIIT showcased best practices adopted by Indian Ministries and Departments, outlining key reforms and initiatives:

Land Ports Authority of India (LPAI)

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Implemented the Land Port Management System (LPMS) for digitizing operations and reducing export release time significantly.

Ministry of Railways (MoR)

Plans 100% electrification of railway tracks, increased CAPEX for improving freight transport speed and volume, and the implementation of dedicated freight corridors.

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Ministry of Ports, Shipping and Waterways (MoPSW)

Launched NLP Marine, a National maritime single window platform for seamless exchange of documents and end-to-end logistics solutions.

Central Board of Indirect Taxes and Customs (CBIC)

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Integrated ICEGATE with ULIP for efficient customs processing and digitized AEO certification applications.

Ministry of Road Transport and Highways (MoRTH)

Initiatives include the planning of multi-modal logistics parks, port connectivity projects, and the introduction of FASTag for toll payments.

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Ministry of Civil Aviation (MoCA)

Implemented e-Air Way Bill (e-AWB) and e-Cargo Security Declaration as digital measures.

World Bank Recognition and Changing Metrics

Senior Transport Economist, World Bank, Mr. Jean-François Arvis, commended India's decisive efforts in promoting digital interventions in the logistics sector. He discussed the introduction of new Key Performance Indicators (KPIs) in 2023, derived from global tracking datasets, reflecting actual trade speed worldwide.

Future Collaborations and Evolving Methodologies

Special Secretary (Logistics), DPIIT, affirmed the commitment to enhancing logistics efficiency through targeted interventions. DPIIT and the Inter-Ministerial Dedicated Team expressed their ongoing collaboration with the World Bank, aiming to understand the evolving methodology of the LPI.

This meeting signifies a crucial step in positioning India as a frontrunner in logistics efficiency, showcasing its commitment to embracing digital advancements and global best practices. The collaborative efforts between DPIIT and the World Bank are poised to drive transformative changes in India's logistics landscape.

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