GoI to slash logistics costs by 5% over next fiveyears: Goyal
Union Minister of Commerce and Industry Piyush Goyal said on November 8 that the Centre is aiming to bring down logistics costs by five per cent over the next five years with the help of inputs given by the Logistics Ease Across Different States (LEADS) Report 2021. The Ministry of Commerce and Industry (MoCI) had launched the LEADS study in 2018 to rank States and UTs on the efficiency of their logistics ecosystem. He said efficient logistics were crucial for ease of doing business. Logistics contributed immensely to India’s fight against COVID-19 by taking essentials during the second wave of the pandemic.