Context: The Ministry of Commerce & Industry has recently released the “LEADS Report 2023 (Logistics Ease Across Different State)”
LEADS Report 2023: Key Findings
- Performance Improvement: The 5th edition of the LEADS report 2023, provides insights into improvement of logistics performance at State/UT level.
- A positive shift is visible in States’ performance across the key pillars viz. Logistics Infrastructure, Logistics Services and Operating and Regulatory Environment.
- Digital Reforms: Reforms such as PM GatiShakti, Logistics Data Bank, Unified Logistics Interface Platform (ULIP), GST are propelling growth in India’s logistics sector.
- Logistics Policies: 23 States/UTs have also notified their State Logistics Policies to align with the National Logistics Policy.
- Status of Logistics Sector: 16 States/UTs have given industry status to logistics.
About LEADS Report
- LEADS report is an annual assessment of logistics performance across States and UTs, undertaken annually since 2018.
- Pillars for measuring logistics performance:
- Objective assessment:
- Support provided by State / UTs for policy & process improvement of Logistics eco- system.
- Enablers of Logistics – stock of physical infrastructure.
- Perception assessment:
- Logistics Infrastructure.
- Logistics Services.
- Operating and Regulatory Environment.
- Origin: LEADS was conceived on the lines of the Logistics Performance Index (LPI) of World Bank in 2018.
- While the LPI relies entirely on perception-based surveys, LEADS incorporates both perception as well as objectivity.
- LEADS 2023 Report: This report is based on a pan-India primary survey, conducted between May and July 2023 across 36 States/UTs.
Achievements of LEADS
- Align State objective with National priorities
- Greater awareness among States on ground feedback from stakeholders for logistics improvement
- Encouraged competition among States, driving better infrastructure, services, and regulatory environment
- Raising awareness about logistics efficiency encouraging States to prioritize its improvements
Also Read: Logistics Cost in India: Assessment and Long-Term Framework: Ministry of Commerce and Industry
News Source: FE