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For this, the division will probably be holding a workshop on the topic, the place specialists, academicians, professors, and statisticians throughout the globe will take part on March 20 right here in addition to authorities officers.
“We hope to agency up an index to gauge the nation’s logistics value in a yr. It will likely be an annual affair after that.We’re organising a world workshop on logistics value framework,” the official mentioned.
Many worldwide gamers from nations like Japan, Korea and Germany will attend.
“We are going to deliberate on varied modules and select the framework that most accurately fits us,” the official added.
At current, the federal government goes by sure estimates which recommend that logistics value in India stands at about 13-14 per cent of the nation’s GDP.
The federal government has rolled out a nationwide logistics coverage and PM Gati Shakti initiative to spice up competitiveness of business and lower the logistics value.