July 07, 2025 08:21 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Supreme Court refuses interim stay on Election Commission's voter list revision drive in Bihar, hearing on Thursday | Khalistani terrorist Harpreet Singh alias Happy Passia, responsible for terror attacks in Punjab, brought to India from US: Report | Calcutta HC dismisses medical council's order suspending TMC leader Dr. Santanu Sen | I do not have any cabinet: Kangana Ranaut on Mandi disaster relief; Congress slams BJP MP for 'insensitivity' | 'Fadnavis did what Balasaheb Thackeray could not...': Raj Thackeray jibes at Maharashtra CM after MNS chief reunites with Uddhav | Modi will bow to Trump's deadline: Rahul Gandhi attacks PM over India-US trade deal | Marathi should be respected but thuggery in the name of language won't be tolerated: Devendra Fadnavis reacts to slapgate | Pune rape: Accused was not delivery boy but complainant's friend, she was angry at him for forced sex, say police | July 4 celebration: Trump signs 'One Big Beautiful Bill' into law | Vijay named as TVK's CM face for upcoming Tamil Nadu polls
Logistics
Image: Wikimedia Commons

India jumps 6 places to Rank 38 in World Bank’s Logistics Performance Index 2023

| @indiablooms | Apr 27, 2023, at 11:40 pm

New Delhi/IBNS: India has jumped 6 places to rank 38 out of 139 countries in the 7th edition of Logistics Performance Index (LPI 2023) of the World Bank.

On 4 out of 6 LPI indicators India has seen remarkable improvement on the back of various initiatives being implemented over the past few years, the Ministry of Commerce and Industry said in a statement.

“This is a strong indicator of India’s global positioning, with this development being powered by our government’s laser focus on reforms for improving logistics infrastructure,” said the ministry

The jump in the ranking comes after the Centre launched the PM GatiShakti National Master Plan (PMGS-NMP) in October 2021 and the National Logistics Policy (NLP) in September 2022.

The government also invested in trade-related soft and hard infrastructure connecting port gateways on both coasts to the economic zones in hinterland.

Technology has been a critical component of this effort, with implementation under a public-private partnership of a supply chain visibility platform, which has contributed to remarkable reductions of delays.

NICDC’s Logistics Data Bank project applies radio frequency identification (RFID) tags to containers and offers consignees end-to-end tracking of their supply chain.

Its implementation started in 2016 on the Western part of India and was scaled up to Pan India level in 2020.  With such initiatives of transparency, visibility, and ease of doing business, there has been significant improvement in cross-border trade facilitation.

Further other initiatives like Sagarmala which aims to improve connectivity to ports and reduce cargo dwell time and Bharatmala which focuses on improving road connectivity of major corridors have played a pivotal role in improving India’s logistics efficiency apart from a host of other initiatives like Logistics Data Bank project and LEADS (Logistics Ease Across Different States) study.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu