National Logistics Policy

• Prime Minister Modi recently launched the National Logistics Policy (NLP).

• The National Logistics Policy aims to promote smooth movement of goods across India and boost competitiveness of the Indian goods in the domestic and international markets.

• It aims to bring down the logistics cost, which in turn would improve efficiency of various sectors of the economy, boosting value addition and economic growth.

• The policy was announced for the first time in Union Budget 2020.

• Its focus areas are Integration of Digital System (IDS), Unified Logistics Interface Platform (ULIP), Ease of Logistics (ELOG) and System Improvement Group (SIG).