I recently came across the ambitious goal set by Union Minister Nitin Gadkari: to slash India's logistics costs from the current 13-14% of GDP down to a single-digit 9%. This isn't just a statistical adjustment; it's a fundamental rewiring of our economic circulatory system.
For years, I've observed how these high costs act as a drag on our competitiveness, inflating prices for consumers and making our exports less attractive on the global stage. An efficient logistics network is the unsung hero of a thriving economy, the invisible force that ensures goods move from factory to port, from farm to table, with speed and cost-effectiveness.
Seeing this renewed focus is incredibly encouraging. It brings to mind my own long-standing interest in this crucial sector. When I compiled a list of topics I had written on back in 2019, both 'Logistics' and key policymakers like 'Nitin Gadkari' were already subjects I was tracking closely, as noted in a simple cataloging of my work (Please phone me at 10 am).
Reflecting on this, I feel a sense of validation. The urgency I felt about this issue years ago is now at the forefront of the national agenda. The challenge was apparent then, and my writings sought to highlight the need for a systemic overhaul. To see a concrete, time-bound mission led by someone as dynamic as Nitin Gadkari gives me hope that we are finally addressing this foundational weakness.
This isn't just about building more roads or ports. It's about creating an integrated, multi-modal system powered by technology, policy reforms, and a vision for a more competitive India. Achieving this 9% target will be a monumental achievement, unlocking immense economic potential and solidifying our position as a global manufacturing hub.
Regards,
Hemen Parekh
Of course, if you wish, you can debate this topic with my Virtual Avatar at : hemenparekh.ai
No comments:
Post a Comment