National Logistics Policy has potential to usher ease of moving: India Inc

The National Logistics Policy unveiled by Prime Minister Narendra Modi on Saturday will substantially reduce transportation costs across the entire supply chain and has the potential to usher in "ease of moving" in the country, India Inc said.

The prime minister unveiled the National Logistics Policy that seeks to address challenges facing the transport sector and bring down the logistics cost of businesses from 13-14 per cent to a single digit.

At a grand launch event, he said the policy aims to expedite the last-mile delivery, helping businesses save time and money.

While the new policy addresses challenges of the logistics sector, it together with the infrastructure augmentation plan PM GatiShakti will address gaps, he said.

CII Director General Chandrajit Banerjee said besides improving ease of doing business and ease of living, the policy along with other pillars of the PM Gati-Shakti has the potential to usher in an unprecedented era of 'ease of moving' in the country, ensuri