Set up sep­a­rate deptt for lo­gis­tics to im­prove trans­port sec­tor: Panel

The Hitavada - - MONEY -

New Delhi, Jan 13 (PTI)

SET­TING up a sep­a­rate lo­gis­tics de­part­ment and in­tro­duc­ing one per­mit-one tax sys­tem for trucks, among other mea­sures, will boost the trans­port sec­tor and im­prove ease of do­ing busi­ness, the Eco­nomic Ad­vi­sory Coun­cil to the Prime Min­is­ter (EAC-PM) has sug­gested.

These sug­ges­tions form part of the Bibek De­broy-led Lo­gis­tics Devel­op­ment Com­mit­tee’s re­port ti­tled ‘Key Chal­lenges in Lo­gis­tics Devel­op­ment and the As­so­ci­ated Com­merce - Pol­icy Re­forms for Ease of Do­ing Busi­ness / Trade in In­dia’ which was sub­mit­ted to Prime Min­is­ter Naren­dra Modi re­cently. Out­lin­ing the need for sup­port­ing the truck in­dus­try, the com­mit­tee has sug­gested that the Gov­ern­ment should cre­ate an in­de­pen­dent de­part­ment fo­cus­ing on lo­gis­tics and trade fa­cil­i­ta­tion space by up­grad­ing the ex­ist­ing Lo­gis­tics Divi­sion un­der the Min­istry of Com­merce and In­dus­try.

“In­tro­duce the One Na­tion, One Per­mit, One Tax sys­tem by amend­ing Mo­tor Ve­hi­cles Act as rec­om­mended by the Par­lia­men­tary Com­mit­tee.

“Also suit­ably amend the pro­vi­sions of Mo­tor Trans­port Work­ers Act to in­cen­tive truck­ing in­dus­try to in­crease its scale and size,” the com­mit­tee sug­gested.

As per the one per­mit-one tax sys­tem, all truck per­mits will be valid across the coun­try.

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