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Commerce Ministry working on proposal to set up separate logistics unit
Mar-28-2017

In order to deal with the issues of rising costs impacting global competitiveness of exporters, the Commerce Ministry is working on a proposal to set up a separate logistics unit. Currently, there is no single department or ministry in the country to look at all the aspects related to logistics covering various modes of shipment such as sea, roads and railways.

Indian goods are less competitive in the global markets as logistics costs of exports are very high in the country. Exporters too have demanded for a specific department to deal with the issues related to logistics. They are undertaking a study to look at issues like shortcomings in logistics and ways to address that.

The proposed unit will tackle the issues such as rising costs in the sector impacting exporters. Besides, the Commerce Ministry has suggested to the Railways Ministry that it needs to clearly distinguish between consignments for exports, imports and the general category in terms of freight rates to increase the logistics competitiveness of exporters. India is aiming to increase its share in global trade from 2 per cent to 3.5 per cent by 2020.

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