Pol­icy for lo­gis­tics hubs to re­duce costs

At the ‘Make in In­dia’ week, Min­is­ter of Road Trans­port & High­ways Nitin Gad­kari un­veiled grand plan for cre­at­ing lo­gis­tics hubs us­ing 350 ring roads, de­vel­op­ment of 2,000 ports and in­tro­duc­tion of e-tolling.

Cargo Talk - - Policy - Nitin Gad­kari

Nitin Gad­kari, Min­is­ter of Road Trans­port & High­ways, GoI an­nounced poli­cies for de­vel­op­ing lo­gis­tics hubs us­ing 350 ring roads, de­vel­op­ment of 2,000 ports along 14,000 km of coast and in­tro­duc­tion of e-tolling across 360 toll plazas on the na­tional high­ways to avoid man­ual toll pay­ment.

“On the lo­gis­tic hub, the ob­jec­tive was to re­duce lo­gis­tics cost (cur­rently 18 per cent of the to­tal). It was eight per cent in China and eight to 10 per cent in Euro­pean coun­tries. The pro­posed lo­gis­tic hubs will house godowns, stor­ages, pre-cool­ing cen­tres, cold stor­ages and res­i­den­tial units. They will be spread over 2,000 to 3,000 acres along the 350 ring roads,” Gad­kari said.

Gad­kari said the min­istry had firmed up a plan for de­vel­op­ment of 2,000 ports in five years. “The ten­ders will be is­sued by the end of 2016 for the Wad­ha­van (Maharashtra), Co­lachel (Tamil Nadu) and Sagar (West Ben­gal) ports. The min­istry will spend

18,000 crore on the ex­pan­sion of 12 ports. Funds won’t be a prob­lem. Govern­ment un­der­tak­ings Ship­ping Cor­po­ra­tion of In­dia, Dredg­ing Cor­po­ra­tion and Cochin Ship­yards to­gether posted yearly profit of

6,000 crore and will con­trib­ute.

21 de­ci­sions have been taken to ex­pe­dite the de­vel­op­ment of roads and high­ways. Seven projects

worth 20,000 crore are the stressed ones

The rest would be raised from banks, fi­nan­cial in­sti­tu­tions and through mul­ti­ple in­stru­ments,” he adds.

Min­is­ter of Road Trans­port & High­ways, GoI

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