Contribution of logistics sector in overall GDP is not compiled at present.  However, sector-wise Gross Value Added (GAV) for the last three years is given below: (Value in Rs Crore)   S.No.   Sector At current prices 2018-19 (3rd RE) 2019-20 (2nd RE) 2020-21 (1st RE) 1 Railways 1,23,596 1,35,477 1,36,807 2 Road Transport 5,36,552 5,65,438 4,47,164 3 Water Transport 13,059 13,350 13,418 ...

With a view to turn the spotlight on the logistics sector, the Government today announced the launch of National Logistics Excellence Awards. The framework of awards has been finalised in consultation with the logistics associations and forum user industry partners. The awards are in two categories, the first group includes logistics infrastructure/service providers and second one is for various user ...

Union Minister of Railways; Commerce & Industry; Consumer Affairs and Food & Public Distribution Shri Piyush Goyal today said that National Logistics Policy, which is under consultation, along with the National Logistics Council and State Logistics Coordination Committee, will work as a template for better coordination and integrated development for logistics centre. Addressing the 1st National Conference of States on Logistics, he ...

Policy to Create a Single Window E- Logistics Market Will Generate Employment and Make MSMES Competitive – Nirmala Sitharaman A National Logistics Policy will be released soon and it will clarify the roles of the Union Government, State Governments and key regulators said Finance Minister, Nirmala Sitharaman. She was presenting the Union Budget 2020-21 in Parliament today. The policy will ...

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 ...

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 ...

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 ...

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 ...

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 ...