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Monday, July 22, 2024

DPIIT Showcases Logistics Reforms to World Bank in Bid to Boost Efficiency

A meeting was held in New Delhi to showcase initiatives and reforms to improve India’s logistics efficiency to the World Bank Team. The nodal officers of the Logistics Performance Index (LPI) dedicated team, including the Land Ports Authority of India (LPAI), M/o Civil Aviation, M/o Railways, M/o Ports, Shipping and Waterways (MoPSW), M/o Civil Aviation (MOCA), Central Board of Indirect Taxes and Customs (CBIC), and National Industrial Corridor Development Corporation Limited (NICDC), participated in the meeting.

The Special Secretary (Logistics) DPIIT highlighted that the targeted action plan has been shared by various Ministries/Departments and big data is being generated to improve logistics efficiency. These efforts will improve India’s ranking in the World Bank LPI.

Some of the reforms adopted by Indian Ministries/Departments include implementing a Land Port Management System (LPMS) to digitize operations and facilitate secure electronic flow of information between stakeholders at Integrated Check Posts (ICPs) and smart gate for automated entry and exit (Land Port Petrapole).

The speed of track construction has increased by 3.6 times between FY 2014 and FY 2023, and the CAPEX has been increased to USD 31.2 Billion in 2024 to improve the speed and volume of freight transport in the country.

MoPSW has launched NLP Marine, a National maritime single window platform encompassing complete end-to-end logistics solutions to help exporters, importers, and service providers exchange documents seamlessly and transact business.

CBIC’s ICEGATE (Customs Automated Portal) for various APIs such as Bill of Entry and Shipping Bill is integrated with ULIP, and the implementation of e-Air Way Bill (e-AWB) and e-Cargo Security Declaration is due in September 2024.

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