DPIIT and NCAER sign MoU for logistics costs assessment

08 Jul 2024 CW Team

The Department for Promotion of Industry and Internal Trade (DPIIT) and the National Council of Applied Economic Research (NCAER) have signed a Memorandum of Understanding (MoU) for the development of a framework and assessment of logistics costs in India. The MoU was signed by Anil Sharma, Secretary and Operations Director of NCAER, and S K Ahirwar, Joint Secretary of DPIIT.

This agreement involves developing a detailed framework for assessing logistics costs in the country, conducting a comprehensive study for the year 2023-24, and examining the differences in logistics costs across various routes, modes, products, types of cargo, and service operations. The MoU also includes identifying major determinants and their influence on logistics in different sectors. NCAER will conduct the detailed study and submit the report within a year.

The government launched the National Logistics Policy (NLP) on September 17 2022, with one of its primary objectives being to reduce the percentage of logistics costs relative to GDP. In line with this, the Logistics Division of DPIIT released a report titled "Logistics Cost in India: Assessment and Long-term Framework" in December 2023. Prepared by NCAER, this report provided a baseline aggregate logistics cost estimate and a framework for long-term logistics cost calculation.

"The logistics cost of the country needs to be regularly assessed and monitored so that data on cost variation will benefit both the industry and policymakers. This process involves using data on trade flows, product types, industry trends, and origin data pairs. In addition to conducting detailed secondary surveys, this requires an institutionalised framework for systematic and periodic data collection," a statement from the Ministry of Commerce and Industry said.

(Source: FE)

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..