PM to launch National Logistics Policy on 17th September

Published By : Admin | September 16, 2022 | 18:47 IST
Policy to reduce the logistics cost by laying down an interdisciplinary, cross-sectoral and multi-jurisdictional framework
In line with PM’s vision of achieving efficiency and synergy by bringing all stakeholders together for holistic planning and implementation
Policy to boost both Ease of Doing Business as well as Ease of Living
Policy to complement PM GatiShakti

Prime Minister Shri Narendra Modi will launch the National Logistics Policy (NLP) on 17th September, 2022 at 5:30 PM at Vigyan Bhawan, New Delhi.

The need for a national logistics policy was felt since the logistics cost in India is high as compared to other developed economies. It is imperative to reduce the logistics cost in India for improving the competitiveness of Indian goods both in domestic as well as export markets. Reduced logistics cost improves efficiency cutting across various sectors of the economy, encouraging value addition and enterprise.

Since 2014, the government has put significant emphasis on improving both Ease of Doing Business and Ease of Living. National Logistics Policy, a comprehensive effort to address issues of high cost and inefficiency by laying down an overarching interdisciplinary, cross-sectoral and multi-jurisdictional framework for the development of the entire logistics ecosystem, is yet another step in this direction. The policy is an endeavour to improve competitiveness of Indian goods, enhancing economic growth and increasing employment opportunities.

It has been the vision of the Prime Minister to develop world class modern infrastructure through integration of all stakeholders in holistic planning and implementation so that efficiency and synergy is achieved in the execution of the project. The PM GatiShakti - National Master Plan for muti-modal connectivity - launched by the Prime Minister last year, was a pioneering step in this direction. PM GatiShakti will get further boost and complementarity with the launch of National Logistics Policy.

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List of Outcomes: Visit of President of Finland
March 05, 2026

MoUs / Agreements

Sl. NoMoU / AgreementDescription

1

MoU on Migration and Mobility Partnership

Finland has emerged as an important destination for Indian professionals, particularly in the field of technology and innovation sectors. The MoU on Migration and Mobility Partnership will facilitate mobility of talent.

2

Renewal of MoU on Environmental Cooperation

Renewal of existing MoU signed in November 2020. It encompasses key areas of collaboration that contribute to sustainability, including bioenergy and waste-to-energy solutions, power storage and flexible RE systems, green hydrogen, as well as wind, solar and small hydro power.

3

MOU on cooperation in the field of Statistics

To evolve mutual cooperation and exchange of experiences/best practices and collaboration in the field of official statistics.

Announcements

 Title

1

Elevation of India - Finland bilateral relations to "Strategic Partnership in Digitalization and Sustainability”

2

Joint Research Calls under Implementation Arrangement between Department of Science and Technology of India and Finnish Innovation Funding Agency Business Finland

3

Aim to double the present bilateral trade between India and Finland by 2030 (Capitalizing on recently concluded India-EU FTA)

4

Establish a cross-sectoral Joint Working Group on Digitalization (Advancing cooperation in new and emerging technologies such as 5G, 6G, quantum communications, high-performance and quantum computing, Artificial Intelligence etc.)

5

Creation of Joint Task Force on 6G (6G research by University of Oulu, Finland and the Bharat 6G Alliance)

6

Greater connectivity of startup ecosystems through Indo-Finland Startup Corridor (Active participation of Indian startups in Slush in Helsinki and Finnish startups in Startup Mahakumbh in New Delhi)

7

Co-hosting of World Circular Economy Forum in India in 2026 (By Ministry of Environment, forest and Climate Change and Finnish Innovation Fund SITRA)

8

Establish Consular Dialogue between the respective Foreign Ministries