National Logistics Policy 2022

The National Logistics Policy developed by the Commerce and Industry Ministry will increase India’s ability to compete internationally, generate more jobs, boost its standing in international rankings, and open the door for India to develop into a logistics powerhouse.

• The Policy will be implemented through a Comprehensive Logistics Action Plan (CLAP).

Objectives of Policy: The goal of the National Logistics Policy is to lower the cost of logistics from its current 14% of GDP to less than 10% by 2022 despite the highly fragmented nature of India’s logistics industry.

• The policy aims to make Indian goods more competitive while also promoting economic growth and expanding job possibilities.
• The Policy establishes a broad, multi-jurisdictional, cross-sectoral framework for the growth of the entire logistics ecosystem in an effort to address concerns of high cost and inefficiency.

Targets to be achieved under Policy: By 2030, India’s logistics costs should be equivalent to global benchmarks.

• Be among the top 25 countries by 2030 according to the Logistics Performance Index ranking.
• Create a decision-support system that is data-driven for a successful logistics ecosystem.
• As part of NLP, the government will also develop the Unified Logistics Interface Platform (ULIP).