rediff.com

Arunachal Approves Multi-Modal Logistics Policy

Share on:

By Rediff Money Desk, ITANAGAR   Dec 01, 2023 11:38

Arunachal Pradesh cabinet approves a logistics policy aligned with PM Gati Shakti to create a multi-modal ecosystem, aiming for a 'Developed Arunachal Pradesh 2047'.
Arunachal Approves Multi-Modal Logistics Policy
Illustration: Dominic Xavier/Rediff.com
Itanagar, Dec 1 (PTI) The Arunachal Pradesh cabinet headed by Chief Minister Pema Khandu has approved framing of the state's logistics policy, aligning it with the PM Gati Shakti Framework.

The primary objective of the policy is to create an integrated, multi-modal logistics ecosystem, contributing towards the vision of a 'Developed Arunachal Pradesh 2047', a CMO statement said here on Friday.

Recognising the significance of the logistics sector on a national scale, the PM Gati Shakti National Master Plan was introduced in 2021 to establish multimodal connectivity infrastructure for economic zones. In 2022, the National Logistics Policy was launched to enhance efficiency and reduce costs.

The Logistics Ease Across Different States (LEADS) 2022 annual report placed Arunachal in the 'Aspirer' category, prompting the need for policy intervention to elevate its status from behind the 'Fast Mover' and 'Achiever' categories, the statement said.

LEADS is a data-driven index to assess logistics infrastructure compiled by the Ministry of Commerce and Industry.

The cabinet meeting on Thursday also acknowledged recent advancements in connectivity infrastructure and the associated growth prospects.

The comprehensive policy aims to consolidate all connectivity projects under a unified umbrella.

Key projects outlined in the policy include the Arunachal Frontier Highway from Nafra to Vijaynagar, a Special Economic Zone (SEZ) in Balinong, establishment of nine new industrial areas, upgrading of Lekhi/Naharlagun Inter-State Bus Terminus (ISBT), a warehouse facility for the Itanagar Capital Region at Chimpu and a proposed logistics hub at Namsai.

The cabinet also conducted a review of the progress of 12 flagship schemes of the Centre, with the goal of achieving saturation by March 2024.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!