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Policy Update

An Overview of the National Logistics Policy 2022

A much needed unified policy which binds the procedures and processes in the field of logistics together. The policy sets measurable goals in reducing transportation costs, improving international rankings and incorporates effective implementation. Riding on the tide of digitisation, the policy works towards ease of transportation for India Inc. In tandem with the PM Gati Shakti – National Master Plan, the logistics policy seeks to improve India’s trade competitiveness, create jobs and lay out the vision for India to become a logistics hub. 

Indo-Pacific Economic Framework: Amidst an intricate web of multilateral relationships

The launch of the Indo-Pacific economic framework (IPEF) for prosperity by President Joe Biden on May 23, 2022, from Tokyo reflects the recuperation of US’s geo-economic initiative surfing onboard the multilateral platform within the geo-political construct, i.e., Indo-pacific, after five years since Donald Trump pulled out from Trans-Pacific Partnership (TPP) in 2017.