Scroll News
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
Scroll News
No Result
View All Result
Home Business

Commerce Ministry’s New Logistics Policy welcomed by industry leaders like OSL Group MD Mahimananda Mishra

Scroll News by Scroll News
April 23, 2021
in Business
0
Share on FacebookShare on Twitter

Industry leaders like Mahimananda Mishra, managing director and chief executive officer of OSL Group, believe that the policy will help in promoting seamless transportation and movement of goods across the country.

Bhubaneswar, Odisha: The Ministry of Commerce and Industry’s proposal for a national logistics policy will soon undergo the Cabinet’s scrutiny before it is implemented. The policy was announced by Finance Minister Nirmala Sitharaman during her Budget 2020-21 speech. Industry leaders like Mahimananda Mishra, the managing director and chief executive officer of Orissa Stevedores Limited (OSL Group), believe that the policy will help in promoting seamless transportation and movement of goods across the country.

You May Also Like This

Excel CoolCoat Delivers Impressive Cooling of Buildings in Delhi: Roof Temperatures Drop by 19°C

Excel CoolCoat Delivers Impressive Cooling of Buildings in Delhi: Roof Temperatures Drop by 19°C

July 3, 2025
Trailblazers Honoured at the House of Commons: Asian–UK Business Meet and Awards 2025 Celebrates Global Innovation and Bilateral Leadership

Trailblazers Honoured at the House of Commons: Asian–UK Business Meet and Awards 2025 Celebrates Global Innovation and Bilateral Leadership

July 3, 2025
EcoEarth is Powering the Smart Home Revolution — Made for India

EcoEarth is Powering the Smart Home Revolution — Made for India

July 2, 2025

The vision to transform India into a USD 5 trillion economy has accelerated the need for reforms in the logistics sector. The Prime Minister’s call to action for an ‘Aatmanirbhar Bharat’ also requires a robust logistics department.

Pawan Agarwal, special secretary at the commerce ministry’s logistics division, said, “The policy is at the near-finalisation stage. Consultations with all ministries, departments and other stakeholders have happened. All their views and comments have been factored in. It will soon go for the Cabinet approval.”

To facilitate the efficient formulation of a comprehensive framework for the implementation of the policy, a national logistics council, a central advisory committee on logistics and a special group of secretaries will be formed.

The logistics costs in India is very high – almost 13% of the GDP in comparison to single figures in developed countries. This is a major roadblock for the industry which struggles to compete with its international counterparts.

The planned national grid of logistics parks and terminals to promote the development of intermodal facilities is a welcome move by the ministry. The classification of intermodal and multimodal logistics parks as separate classes of infrastructure will enhance the adoption of modern warehousing technologies,believe industry experts at OSL Group.

Led by Mahimananda Mishra, it is one of the fastest-growing logistics companies in India. Buoyed by a plethora of awards and years of experience, the OSL group is sure to benefit from the latest developments. The government’s aim is to bring down the logistics cost from the current 13% of the GDP to a mere 8% within the next 5 years.

The ministry’s proposal, if implemented, will herald a transformative change in the logistics sector. It has been long overdue and with the country’s economy witnessing positive growth, this is a good time to bring about a constructive change.

Tags: Aatmanirbhar BharatBudget 2020-21Finance Minister Nirmala Sitharamanlogisticslogistics companies in IndiaNew Logistics PolicyOrissa Stevedores LimitedOSL GroupOSL Group MD Mahimananda MishraPawan Agarwal
ShareTweetShareShareSendSend
Previous Post

YASHIKA PARAB –Explore yourself !

Next Post

Anujjindal.in Platform Introduces Micro E-learning Program for Competitive Exams

Related Posts

Excel CoolCoat Delivers Impressive Cooling of Buildings in Delhi: Roof Temperatures Drop by 19°C
Business

Excel CoolCoat Delivers Impressive Cooling of Buildings in Delhi: Roof Temperatures Drop by 19°C

July 3, 2025
Trailblazers Honoured at the House of Commons: Asian–UK Business Meet and Awards 2025 Celebrates Global Innovation and Bilateral Leadership
Business

Trailblazers Honoured at the House of Commons: Asian–UK Business Meet and Awards 2025 Celebrates Global Innovation and Bilateral Leadership

July 3, 2025
EcoEarth is Powering the Smart Home Revolution — Made for India
Business

EcoEarth is Powering the Smart Home Revolution — Made for India

July 2, 2025
Icons of Leadership & Excellence Awards 2025: A Grand Celebration of Business and Professional Achievements
Business

Icons of Leadership & Excellence Awards 2025: A Grand Celebration of Business and Professional Achievements

July 2, 2025
WallStreetMojo Launches Global “Financial Modeling Immersive Program” — Created by ex-JPMorgan Analyst
Business

WallStreetMojo Launches Global “Financial Modeling Immersive Program” — Created by ex-JPMorgan Analyst

June 28, 2025
The Rise of OkaySai EdTech: From a YouTube Channel to a Nationally Recognized Learning Platform
Business

The Rise of OkaySai EdTech: From a YouTube Channel to a Nationally Recognized Learning Platform

June 25, 2025
Next Post

Anujjindal.in Platform Introduces Micro E-learning Program for Competitive Exams

India-America bilateral trade body, IACC urges the US authorities to provide raw material to India required for vaccine production

Dr. Jagdish Pareek : The Man who is an inspiration for millions of people

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

This World Tourism Day Choose Your Perfect Travel Companion with Kingston Technology

This World Tourism Day Choose Your Perfect Travel Companion with Kingston Technology

9 months ago
Walplast Launches HomeSure MasterTouch Bloom Premium Emulsions

Walplast Launches HomeSure MasterTouch Bloom Premium Emulsions

12 months ago
K Raheja Corp Homes: A Legacy of Luxury and Sustainability

K Raheja Corp Homes: A Legacy of Luxury and Sustainability

2 years ago
Kingston’s Best Gifting Options to Strengthen Sibling Bonds This Bhai Dooj

Kingston’s Best Gifting Options to Strengthen Sibling Bonds This Bhai Dooj

8 months ago

Categories

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • World

Topics

Ace Entrepreneur actor Artificial intelligence Bangalore Bengaluru Blockchain technology BRICS CCI Content Creator COVID-19 Cryptocurrency CSIR DBT Delhi Digital Marketing DST Dubai Education entrepreneur entrepreneurship Fairplay Gujarat Gurugram Hyderabad IIT Delhi India Indian Institute of Technology Influencer Influencerquipo innovation Kingston Technology K Raheja Corp Homes memory products and technology solutions Mumbai Music Industry pandemic photography producer Pune real estate research Shan Se Entertainment Shantanu Bhamare social media Surat technology
No Result
View All Result

Highlights

Icons of Leadership & Excellence Awards 2025: A Grand Celebration of Business and Professional Achievements

ClinicSpots Simplifies Online Doctor Consultation in India, Connecting Patients to Trusted Healthcare Experts Across Specialties

Voices of Vision: The Chief Guests of JD Design Awards 2025 Charting the Journey to Goa Development

Revolutionizing Orthodontics with India’s First CAD/CAM-Based Lingual Bracket System

WallStreetMojo Launches Global “Financial Modeling Immersive Program” — Created by ex-JPMorgan Analyst

Global Innovator Radhakrishnan Arikrishna Perumal Sets a New Benchmark in Ethical AI and Insurance Technology

Trending

Excel CoolCoat Delivers Impressive Cooling of Buildings in Delhi: Roof Temperatures Drop by 19°C
Business

Excel CoolCoat Delivers Impressive Cooling of Buildings in Delhi: Roof Temperatures Drop by 19°C

by Scroll News
July 3, 2025
0

A proactive application of Excel CoolCoat in Delhi results in substantial heat reduction, enhanced AC efficiency, and...

Trailblazers Honoured at the House of Commons: Asian–UK Business Meet and Awards 2025 Celebrates Global Innovation and Bilateral Leadership

Trailblazers Honoured at the House of Commons: Asian–UK Business Meet and Awards 2025 Celebrates Global Innovation and Bilateral Leadership

July 3, 2025
EcoEarth is Powering the Smart Home Revolution — Made for India

EcoEarth is Powering the Smart Home Revolution — Made for India

July 2, 2025
Icons of Leadership & Excellence Awards 2025: A Grand Celebration of Business and Professional Achievements

Icons of Leadership & Excellence Awards 2025: A Grand Celebration of Business and Professional Achievements

July 2, 2025
ClinicSpots Simplifies Online Doctor Consultation in India, Connecting Patients to Trusted Healthcare Experts Across Specialties

ClinicSpots Simplifies Online Doctor Consultation in India, Connecting Patients to Trusted Healthcare Experts Across Specialties

July 1, 2025
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

© 2022 Scroll News

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

© 2022 Scroll News