All efforts are in the right direction to bring down the logistics and transportation cost: Robinsons Global Logistics Solutions

“The 2021-22 union budget was a highly anticipated one, given the current economic situation and the global environment of volatility and uncertainty. And I would say it has delivered well, given the background. While this budget comes at the heels of the mini-budgets announced through-out the last year, in the wake of the COVID 19 pandemic, it has been progressive, and offers an objective and detailed plan of action. The Rs 1.15 thousand crore allocation for railways, plan to privatise airports in tier 2 and tier 3 cities and completion of 8,500 Kms of strategic highways by March 2022, are all efforts in the right direction, to bring down the cost of logistics and transportation. Further, the development of Eastern, Western, East-coast, East-west and North South dedicated freight corridors, is set to give a boost to logistics and supply chains across the country, improving connectivity and bringing down the costs. The voluntary scrapping policy for vehicles and the thrust on electronic/ greener transportation will, in turn, help reduce the carbon emission and control the air pollution index, which was vastly attributed to transportation. This has out and out been a well-planned and detailed budget that showcased the actionable points by the government and the desired impact, in line with the long term economic goals,” Aditya Vazirani, CEO, Robinsons Global Logistics Solutions.