India ranks 38 out of 139 countries on World Bank’s Logistics Performance Index Report 2023; India’s rank has improves by sixteen places from 54 in 2014

India ranks 38 out of 139 countries on World Bank’s Logistics Performance Index Report 2023; India’s rank has improves by sixteen places from 54 in 2014

According to the World Bank’s ‘Logistics Performance Index Report (2023): Connecting to Compete 2023’, India ranks 38 out of 139 countries. India’s rank has improved by:

  • Six places from 44 in 2018
  • Sixteen places from 54 in 2014.

Formation of Inter-Ministerial Team

  • An Inter-Ministerial dedicated team comprising of Stakeholder Ministries/Departments has been formed.
  • Focuses on targeted action plans with interventions needed to improve logistics performance across all six LPI parameters:
    • Customs
    • Infrastructure
    • Ease of arranging shipments
    • Quality of logistics services
    • Tracking and Tracing
    • Timeliness.

National Committee for Trade Facilitation (NCTF)

  • NCTF has a three-tiered structure:
    • National Committee on Trade Facilitation
    • Steering Committee
    • Focused Working Groups (Outreach, Legislative Issues, Time Release Study, Infrastructure Up-gradation, PGA regulation and procedure).
  • 27 action points identified under the working group on infrastructure upgradation in NTFAP 2020-23.

Key Government Initiatives

  • PM GatiShakti National Master Plan: Launched on 13 October 2021 for multimodal connectivity.
  • National Logistics Policy: Launched on 17th Sept. 2022 for improving logistics efficiency and reducing logistics costs.
  • Digital Reforms:
    • Unified Logistics Interface Platform (ULIP) for ease of doing business.
    • Logistics Data Bank for digitized track and trace of 100% containerized EXIM cargo.

Ministry Initiatives

  • Ministry of Railways (MoR):
    • Expansion of electrification of railway tracks.
  • Land Ports Authority of India (LPAI):
    • Reduced average export and import release time.
  • Ministry of Ports, Shipping and Waterways (MoPSW):
    • Launched NLP Marine, a single window interface platform for port-related logistics operations.
    • Automation of weighbridges underway.

Multiple Choice Questions (MCQs):

  1. What is India’s rank in the World Bank’s Logistics Performance Index Report (2023)?
    • A) 44
    • B) 38
    • C) 54
    • D) 48
    • Answer: B) 38
  2. How many action points have been identified under the working group on infrastructure upgradation in NTFAP 2020-23?
    • A) 20
    • B) 27
    • C) 35
    • D) 30
    • Answer: B) 27
  3. When was the PM GatiShakti National Master Plan launched?
    • A) 17th Sept. 2022
    • B) 13 October 2021
    • C) 17th Sept. 2023
    • D) 13th Sept. 2021
    • Answer: B) 13 October 2021