DPIIT, NCAER sign MoU for logistics costs assessment

The Department for Promotion of Industry and Internal Trade (DPIIT) and National Council of Applied Economic Research (NCAER) signed MoU for the development of framework and assessment of logistics cost in India. It aims to develop a detailed framework for assessment of and make a comprehensive study for assessment of logistics cost for year 2023-24 and assessment of differentials in logistics costs across routes, modes, products, types of cargo, and service operations. The MoU, signed by Anil Sharma, Secretary and Operations Director, NCAER,  and Surendra Ahirwar Joint Secretary, DPIIT will also involve identification of major determinants along with influence on the logistics in different sectors. This MoU envisages NCAER to conduct the detailed study and submit the report within a years’ time.