DMPQ: Challenges in logistics are main concern for Indian trade. Comment. (Economy)

According to the recent economic survey, the problems associated with logistics are the main concern for India trade and they are reducing the competitiveness by increasing the cost. Some key challenges are as follows:

 

1. High cost of logistics-impacting competitiveness in domestic and global market.
2. The structure of modal mix is an inefficient one ( Roadways 60% and Railways 30%)
3. Under developed material handling infrastructure and fragmented ware housing.
4. Multiple regulatory/ policy making bodies with procedural complexities including cumbersome and duplicate processes.

 

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