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Department of Commerce Developing National Logistics Portal

A National Logistics Portal is being developed by the Ministry of Commerce and Industry to ensure ease of trading in the international and domestic markets. The portal will link all the stakeholders of EXIM, domestic trade and movement and all trade activities on a single platform.  In this year’s budget speech, Finance Minister had announced that the Department of Commerce ...

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Investment in Logistics to Touch USD 500 Billion By 2025: Suresh Prabhu 

Expenditure on investment in logistics, including infrastructure, will touch USD 500 billion, annually, by 2025, said Union Minister of Commerce and Industry in New Delhi today. He further said that this will create millions of jobs and also do away with the hurdles hampering India’s internal and global trade. India is now being looked upon as one of the most ...

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Financial Assistance Policy for Shipyards 

Financial Assistance Policy for Shipyards  The Minister of State for Shipping Shri Pon Radhakrishnan informed in a written reply to a question in Lok Sabha today that the  Government has introduced a Rs.4000 Crores Financial Assistance Policy (FAP) for Indian shipyards for a period of 10 years, for contracts secured between 01.04.2016 and 31.03.2026. Under this scheme financial assistance equal ...

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134.61 million tonnes Transportation of Goods through Waterways 

The total quantity of cargo transported on National Waterways (NWs) since 2008-09 upto January, 2018 is 134.61 million tonnes. There has been a gradual increase in the overall quantity of cargo transported on NWs in the last few years. The year wise details are given below­­: – Cargo transported on National Waterways (NWs) (in Million Tonnes) YEAR NW-1 NW-2 NW-3 ...

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Logistic Park in Smart City

Congratulations! Two cities of Odisha have been selected to be transformed as Smart Cities. Our state capital Bhubaneswar has topped the list of the 1st 20 cities of the country. We should express our sincere thanks to the citizenry of Bhubaneswar and Rourkela for this historical achievement. Smart City depends much on improved transport. The role of goods transport plays ...

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