The Commerce Ministry's Logistics Division has developed a plan to reduce logistics costs and simplify logistics related transactions.
The government is planning to bring down the cost of logistics to 10 percent of GDP from roughly 14 percent by 2022.
The relatively new logistics division of the commerce ministry has developed a plan to reduce logistics costs. The plan involves streamlining logistics-related transactions by creating a single-window portal.
This portal will handle all processes related to logistics transactions. At present, there are about 64 processes that a logistics transaction goes through.The government is conducting a study on this IT platform, and will release it after six to seven months. The logistics division will also re-examine logistics processes across government platforms.