Gujarat has kept its top position in the annual logistics rankings for states announced by the Centre on Monday, with Haryana and Punjab coming in second and third, respectively. Uttar Pradesh climbed seven places to sixth place.
The Logistics Ease Across Different States (LEADS) study aims to assess state and Union Territories (UT) logistics performance and highlight areas where they may enhance logistics performance. States are graded based on the quality and capacity of critical infrastructures such as roads, rail, and warehouses, as well as logistical operational ease, such as cargo security, terminal service speed, and regulatory clearances. “I would encourage all stakeholders to take a close look at it, learn from it, and assist strengthen India’s competitiveness by bringing in a bit more friendly competition among states,” said Commerce Minister Piyush Goyal.
Compared to 7-8 percent in affluent nations, India’s logistics expenditures account for 13-14 percent of GDP. Goyal said that the government aims to reduce logistics costs by 5% over the next five years. West Bengal, Rajasthan, Madhya Pradesh, Goa, Bihar, Himachal Pradesh, and Assam, respectively, were rated 15th, 16th, 17th, 18th, 19th, 20th, and 21st. For LEADS rankings, the North Eastern States, as well as J&K and Ladakh, were regarded as a distinct category.
Source: The Indian Express