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The National Logistics Policy 2022 (NLP) is a strategic framework introduced by the Indian government to enhance logistics efficiency and reduce costs within the country.
Here are the key aspects of the policy:
1. Objective and Ambition:
- The primary goal of the NLP is to lower the cost of logistics from its current 14% of GDP to less than 10% by 2022.
- Despite the highly fragmented nature of India’s logistics industry, the policy aims to make Indian goods more competitive globally.
2. Integrated Development:
- The NLP focuses on creating an integrated, technology-enabled, and reliable logistics ecosystem.
- It emphasizes seamless coordination between infrastructure, digital systems, regulatory frameworks, and human resources.
3. Comprehensive Logistics Action Plan (CLAP):
- The NLP will be implemented through the CLAP, which includes specific action areas:
- Integrated digital logistics systems.
- Standardization of physical assets and benchmarking service quality standards.
- Logistics human resource development and capacity building.
- State engagement and EXIM logistics enhancement.
By improving logistics efficiency, it contributes to economic growth and job creation.
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