Govt may come out with logistics cost estimate by Sept: DPIIT Official ...Middle East

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Govt may come out with logistics cost estimate by Sept: DPIIT Official
source : Business Standard ( Middle East ) () 35
The government is working on a framework to assess the logistics cost in the country and is expected to get a realistic estimate by September, a senior DPIIT official said on Friday. At present, the government is going by certain estimates, which suggest that India's logistics cost stands at about 13-14 per cent of the country's GDP (gross domestic product). Special Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Sumita Dawra said that the government is coming out with its logistics cost framework. The framework would include elements of this cost and how to measure that. "So our framework is being done with the help of our technical partner and it's almost d

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