Current Affairs - Education - Discussion

India’s logistics cost has been officially estimated at 7.97% of GDP, replacing earlier inflated figures of 13–14%. This estimate is based on a hybrid methodology combining secondary data with large scale nationwide surveys, ensuring a precise and data driven assessment. The report highlights improved efficiency in logistics, as reflected in reduced freight costs and turnaround times, and supports policy measures under the National Logistics Policy. Platforms like ULIP, NICDC, and programs such as SMILE and GatiShakti contribute to streamlining infrastructure, enhancing multimodal transport, and promoting India as a competitive global logistics hub.