Published: 14th Sep, 2019
Gujarat has retained the top slot on the logistics index chart, an indicator of the efficiency of logistical services necessary for promoting exports and economic growth.
Context
Gujarat has retained the top slot on the logistics index chart, an indicator of the efficiency of logistical services necessary for promoting exports and economic growth.
About
- According to the report by the Commerce Ministry - LEADS (Logistics Ease Across Different States) 2019, prepared with the help of consultancy firm Deloitte, the findings would help in identifying the problem areas in the sector and prepare policy responses to deal with them.
- The index aims at enhancing the focus on improving logistics performance across states which is essential for improving the country's trade and reducing transactions cost.
- The index was based on the analysis of perception with regard to nine parameters, including infrastructure, quality of logistics, services, and timeliness of cargo delivery, regulatory process and safety of cargo.
- It is based on the Logistics Performance Index created by World Bank.
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