GS3 · 10 marks · 150 words

The logistics sector is one of the important components of the growth of the manufacturing industry. Discuss. Also, mention various components of the recently announced National Logistics Policy 2022.

Answered by 3 toppers · CSE 2023

InfrastructureIndustrial Policy and Liberalisation

Syllabus: Infrastructure: Energy, Ports, Roads, Airports, Railways etc.

How toppers approached it

From all 3 answers · about 100 words · 67% drew a diagram.

Opening

  • A figure1 of 3
  • No separate opening1 of 3
  • A quotation1 of 3

Body

  • Points and prose2 of 3
  • Points1 of 3

Close

  • No separate close2 of 3
  • A way forward1 of 3

The toppers’ answers

NausheenAIR 9 · CSE 2023 · 91 wordsTheir whole copy

Opening · a figure

According to Economic Survey '23, India being the 5th largest economy aims to come under 10 in Logistics Performance Index of World Bank.

Body · points and prose

Importance of Logistics sector

Diagram
- Importance - (1) Minimising loss of agriproduce while transportation. (currently 30-40% food is lost (Shanta Kumar)) - (2) Supporting export industries -> transfer of products from interior to ports - (3) Reducing turn-around time - (4) Ease of doing business in the country

National Logistics Policy, 2022

-> (1) Aims to reduce the logistics cost from current 13-14% to global best practices of 7-8% (WB).

-> (2) Reducing delay in getting clearances at toll booths by using latest technologies like RFID.

-> (3) Investing on hassle free transport industries.

Close · a way forward

A proper logistics sector reform is much needed step if India wants to build a 5 trillion economy.

More on Infrastructure

Ports, roads, airports, railways, urban infrastructure, logistics cost, and the institutions that build them.

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