These 13 states and UTs score as achievers in the Logistics Performance Index 2023. View the whole list here

 These 13 states and UTs score as achievers in the Logistics Performance Index 2023. View the whole list here

These 13 states and UTs score as achievers in the Logistics Performance Index 2023. View the whole list here

Among the states that moved quickly up the list are Kerala, Maharashtra, Madhya Pradesh, Rajasthan, Uttarakhand, Arunachal Pradesh, and Nagaland.

The index seeks to lower transaction costs, enhance commerce within the nation, and enhance logistics performance between states.

In a study issued on Saturday by the Ministry of Commerce and Industry, 13 states and union territories—including Gujarat, Andhra Pradesh, Tamil Nadu, Chandigarh, and Tamil Nadu—were categorized as achievers in the Logistics Index Chart 2023.

It gauges how well logistics services support exports and economic development.

Among the other states in the list that move quickly are Kerala, Maharashtra, Madhya Pradesh, Rajasthan, Uttarakhand, Andhra Pradesh, and Nagaland.

In the aspirational group are Goa, Odisha, West Bengal, Bihar, Chhattisgarh, Himachal Pradesh, and Jharkhand, among other states and union territories.

Commerce and Industry Minister Piyush Goyal released the fifth LEADS (Logistics Ease in Different States) 2023 report, which assesses states according to their logistics ecosystem and identifies the main logistics-related difficulties encountered by stakeholders. Does and offers advice.

The index seeks to lower transaction costs, enhance commerce within the nation, and enhance logistics performance between states.

According to a different Mint article, the administration would prefer to wait for the next new federal government to form rather than broaden the scope and reach of its production-linked incentive program (PLI) during the current fiscal year (2023–2024). It may be decided to expand the list of industries eligible for incentives to develop domestic manufacturing capabilities in the next year.

   As previously reported, India's logistics businesses will soon need to adopt similar packaging standards in their warehouses, handling millions of commodities ranging from toys to white goods to cellphones to garments. The government's goal is to lower logistics costs from a high of 14–15% of GDP to 7-8%, thus it is developing packaging guidelines that will require warehouses to utilize their space as efficiently as possible. will aid developed economies.