June 12, 2023

3 min

Seeking 'accuracy': Govt to come up with fresh logistics cost estimate soon

The government is planning to revise logistics cost estimates after tweaking the formula¹.
The move is aimed at reducing logistics costs and making Indian goods more competitive in the global market¹.
The government has set up a committee to review the existing methodology of calculating logistics costs¹.
The committee will also suggest ways to reduce logistics costs and improve efficiency¹.
The committee will submit its report within six months¹.
The government is also planning to set up a National Logistics Efficiency Enhancement Board (NLEEB) to improve logistics efficiency¹.
The NLEEB will be responsible for developing a national logistics plan, identifying bottlenecks in the logistics sector, and suggesting ways to overcome them¹.
The NLEEB will also work towards reducing logistics costs and improving efficiency in the sector¹

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Written by

Adhikansh Gupta

Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry