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States will soon be ranked by the Centre on their logistics performance. This could give potential investors an idea of what to expect in terms of logistical support when they take their investment decisions.
The exercise, to begin this year, will be in addition to the ranking on the basis of ease of doing business which takes place annually.
“We will be ranking States on their logistics readiness. There can be little progress on trade facilitation unless States are prepared with plans to manage logistics well, create a logistics hub and have trained manpower to handle it,” Commerce & Industry Minister Nirmala Sitharaman said addressing a press conference following the second meeting of Council for Trade Development and Promotion which included Industry Ministers and officials from various States.
Most States were interested in the ranking exercise and it would start in the on-going year, the Minister added.
Department of Industrial Policy & Promotion (DIPP) Secretary Ramesh Abhishek said that the government was in the process of appointing agencies to work on the parameters for the logistics performance index. “The ranking will be based on the actual performance and not merely on the presence of logistics. It will be based on public feed-back,” he said.
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