World Bank & MoCI to conduct logistics workshop

To identify specific interventions that are required to streamline logistics in the country, the Ministry of Commerce and Industry and the World Bank have together initiated to conduct a workshop. The objective is to integrate Indian products into global value chains. The decision was taken at a meeting between Suresh Prabhu, Commerce Minister with a World Bank team.
Prabhu briefed the World Bank team about the work being done by the Commerce Ministry for developing a National Integrated Logistic Policy (NILP). He said the policy will focus on increasing the capacity of storage and warehousing and other value-added services. “Multi-modal logistics parks, integrating various transportation modes, are also being developed right up to the district level,” he said.