National Logistics Policy by bringing efficiency in services and human resource can serve as a panacea to the problems crippling the logistic sector. Analyze.
Answer: National Logistics Policy (NLP) has been launched to boost ease of doing business by lowering cost of logistics from existing 13-14% and lead it to par with other developed countries.
Problems crippling Logistic Sector
- Digital systems and interfaces of line ministries exist in silos and there is no common interface for data sharing and use.
- Lack of Standardization of physical assets and benchmarking of service quality standards used in logistics operations.
- Complex processes, excessive documentation, fragmented regulatory environment and liability regimes across modes.
- Lack of skilled manpower.
- Inadequate capacity in relevant ministries and departments handling logistics related policy issues.
- Lack of system ....
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