Piyush Goyal emphasizes on reducing Logistic cost

While Minister of Commerce and Industries, Consumer Affairs, Food and Public distribution System and textile highlighted on how efficient logistics plays a crucial role in bringing ease and efficiency to businesses and individuals, Goyal further went on to applaud, PM Modi's latest launch of PM Gati Shakti National Master Plan.

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Praggya Guptaa | November 9, 2021 | 09.11.2021


#Piyush Goyal   #Ministry of Commerce and Industries   #Consumer Affairs   #PM GatiShakti National Master Plan  
Union Minister Piyush Goyal
Union Minister Piyush Goyal

(Source: PIB)
The Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles,  Piyush Goyal recently highlighted that the inputs given by Logistics Ease Across Different States Report 2021 can lead the way to bring down logistics cost by 5% over the next 5 years, while addressing the gathering after the release of the LEADS Report in New Delhi today.
Goyal further added that India is committed to build modern infrastructure for the 21st century, at a pace never seen before.
Referring to the recently launched PM GatiShakti Master Plan ,he said that it would revolutionise the next generation of multimodal infrastructure development in the country.
Lauding Prime Minister Narendra Modi's consistent focus on infrastructure, the Minister said that the initiatives taken by him in Gujarat for 13 years had laid the foundation for Gujarat to consistently stay at the top of the chart in LEADS report
He said that the speed of highway construction has increased three fold from ~12 km/day in 2013-14 to 37 km/day in 2020-21 and that there was a four fold increase in Railways Capex from Rs. 54,000 Crore in 2013-14 to Rs. 2.15 Lakh Crore in 2021-22.
He observed that in the 5 years before 2014, only 60 panchayats could be connected with optical fibre and that in last 7 years, more than 1.5 lakh gram panchayats connected with optical fibre.
Shri Goyal emphasized that efficient logistics was pivotal to bring ease and empowerment to businesses as well as citizens. He observed that logistics contributed immensely in our fight against COVID-19 by taking essential supplies including liquid Medical Oxygen throughout the country during the 2nd wave
Observing that logistics is an enabler of multiple visions- From Make in India for the World to Last Mile Delivery, the Minister said that to achieve ambitious targets we cannot afford to walk but we need expressways of Land, Air & Water.
He named Infrastructure, Quality Services & Conducive Regulatory Framework as the three pillars of Resilient logistics. He added that with Competitive & Cooperative federalism, LEADS is creating an Ecosystem for Excellence by bringing in a healthy competitive spirit where everyone is persuaded to improve.
"Rather than just absolute improvement in one State, improvement of logistics across all States, will be a force multiplier for the entire logistics ecosystem", he said.
He lauded Gujarat, Haryana & Punjab for having acquired the top 3 positions respectively.
He applauded the actions taken by Gujarat Govt against LEADS 2019 recommendations such as the widening of roads, implementation of faceless services in license renewals, expansion of warehousing etc.
He also congratulated the State of Uttar Pradesh for leapfrogging 7 ranks since 2019, highest among all states, driven by policy initiatives, higher infra
spending in logistics.

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