Budget 2018: Logistics sector wants FM Jaitley to lift regulatory barriers
The sector also expects
the Narendra Modi government to offer a seamless, transparent digital platform
to ensure easy movement of goods and vehicles across the country
BUDGET NEWS : These days, the Narendra Modi-led vital
government has brought in several measures to uplift the united states’s
economic system. It has additionally set the stage for unlocking the increase
ability for India’s logistics quarter through putting in place a devoted
logistics department under the Ministry of trade & enterprise and granting
the world an infrastructure reputation.
Now as the government heads for its
ultimate complete price range on this terms while Finance Minister Arun Jaitley presents
Union price range 2018 on February 1, we would sit up for seeing extra emphasis
on enhancing the infrastructure.
closing yr, we saw the finance
minister announcing an investment of about Rs 39.sixty one lakh crore in
infrastructure development. this is sure to be a boon – no longer simplest for
express delivery gamers but for many industries.
This 12 months, we would also
anticipate efforts from the authorities to reduce regulatory obstacles and
provide a seamless, transparent digital platform to ensure easy motion of
products and motors throughout the united states. ultimately, our budget 2018 expectation
is that the finance minister might announce new schemes targeted on economic
incentives to encourage investments in unique financial zones (SEZs). those
will allow the non-public area to consolidate and enlarge, and make
contributions to the economic system extra meaningfully.
the author is managing director of
courier and logistics corporation TCI specific
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