New cargo policy to come soon: Suresh Prabhu

The cargo industry in India will now benefit from a new policy, informed Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation of India, Government of India. Addressing the Supply Chain Summit in Delhi, Prabhu said, “The country will soon have a policy on cargo that is being finalised by the new logistics department. For the first time, a logistics division has been created in the country. All the modes in the segment were reaping good results, but, there were no single one-point of contact. The policy is more of a concrete plan, to create new logistics hubs in India. The document is in the final stages of preparation.” The minister has asked the industry stakeholders to give their inputs, which could be incorporated in the policy.
He said that the new policy will have a new industrial policy, one for agriculture exports and developing parameters for the country’s districts on ease of doing business.