THE MEGA LOGISTICAL INTEGRATION
Businessworld India|December 03, 2022
The National Logistics Policy (NLP) seeks to galvanise the sector into an integrated, costefficient, resilient and sustainable ecosystem, revving up economic growth
Ashish Sinha
THE MEGA LOGISTICAL INTEGRATION

AS INDIA CHASES the kind of growth that will make it a developed country by 2047, it is seeking to set its economy in order one sector at a time through policies that it hopes will help remove all bottlenecks and promote efficiency and competitiveness.

A case in point is the recently announced National Logistics Policy NLP) the successful implementation of which is expected to enhance the overall economic prosperity by lowering the cost of doing business and ensuring seamless movement of goods. It will ensure that Indiacompares favourably with the best countries in global benchmarks by 2030 in the Logistics Performance Index ranking. How? By addressing infrastructure and procedural gaps, adopting international best practices to improve linkages with global value chains and developing green channels for EXIM export import) trade.

“The creation of an integrated platform to bring all the agencies and documentation systems is amammoth task,” says Mihir Shah, Partner Government and Public Sector GPS), EY India. But the policy paves a path for the development of the Unified Logistics Interface Platform ULIP) and Ease of Logistics Services e-Logs),” he adds.

ULIP is an integrated platform that seeks to bring together 30 systems of seven ministries that are directly or indirectly involved with the logistics sector by way of developing around 102 application programme interfaces APIs) covering nearly 1,600 fields. E-Logs or a digital system for registering, coordinating, and monitoring the resolution of user issues, is being developed on which authorised user associations will register and upload their issues/suggestions. These two will enable information exchange on a real/near real-time basis amongst all stakeholders involved in the logistics ecosystem.

This story is from the December 03, 2022 edition of Businessworld India.

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This story is from the December 03, 2022 edition of Businessworld India.

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