A new 100-day programme has been prepared by the Commerce and Industry Ministry for the new government that is expected to assume office by the end of May.
In the programme, the Ministry has proposed to set up a separate logistics department that would be headed by a Secretary, with a view to enhance the growth of the sector, which is fundamental to boost exports, imports and the overall economy.
Extensive coordination among different stakeholders of the logistics sector, including roads, railways, shipping, civil aviation, as well as the states is required, emphasised a report.
Currently, there is a separate wing of logistics, headed by a Special Secretary in the Commerce Department.
The Ministry has also proposed a new World Trade Organization (WTO)-compliant export incentive scheme for goods shipments to replace the existing MEIS.
At present, exporters of goods avail incentives under the Merchandise Exports from India Scheme (MEIS). In this, the government provides duty benefits depending on product and country.export
