Gujarat has retained the highest spot on the Centre’s annual logistics rankings for states, launched on Monday, with Haryana and Punjab taking the second and third spots, respectively. Uttar Pradesh rose seven spots to sixth.
The Logistics Ease Across Different States (LEADS) report is geared toward gauging the logistics efficiency of states and Union Territories (UT) and figuring out areas the place they will enhance logistics efficiency. States are ranked primarily based on high quality and capability of key infrastructure similar to highway, rail and warehousing in addition to on operational ease of logistics together with safety of cargo, velocity of terminal companies and regulatory approvals. “It’s a report that I would urge all stakeholders to look at very seriously, to learn from it, to help build up India’s competitiveness, and bring in a little more friendly competition among states,” stated Commerce Minister Piyush Goyal.
India’s logistics prices account for 13-14 per cent of GDP, in comparison with 7-8 per cent in developed nations. Goyal stated the federal government was aiming to carry down logistics value by 5 per cent over subsequent 5 years. West Bengal, Rajasthan, Madhya Pradesh, Goa, Bihar, Himachal Pradesh and Assam have been ranked fifteenth, sixteenth, seventeenth, 18th, nineteenth, twentieth and twenty first respectively. North Eastern States, and J&Okay and Ladakh have been thought-about a separate group for LEADS rankings.