News
26
Aug
2022
Govt working on single logistic law, including freight transportation: Nitin Gadkari
To eradicate duplication and simplify procedural requirements, Union Road Transport and Highways Minister Nitin Gadkari on 26 August said that the government is working on bringing a single logistic law for all modes of freight transportation.
The public-private partnership model should be encouraged for the development of air cargo infrastructure in the country, Gadkari added.
Addressing the 12th DACAAI AGM, the minister said, "The government is working on bringing a single logistic law for all modes of freight transportation to eradicate duplication of processes and simplify procedural requirements. This system will facilitate multi-modal transportation in the true sense."
Gadkari even added that the government is working towards reducing the logistic cost to 8 percent, citing that India's logistic cost is currently around 14 percent of gross domestic product (GDP).
Gadkari said in the domestic aviation market, "Aviation infrastructure should be developed using the latest technology...if we can make aviation infrastructure efficient and accessible, it will create a huge difference."
He noted that air cargo has the most significant advantage of speed, adding that domestic air cargo is more suitable for transporting fuels, vegetables, flowers, and seafood.
He noted that air cargo has the most significant advantage of speed, adding that domestic air cargo is more suitable for transporting fuels, vegetables, flowers, and seafood.
Gadkari suggested that old defense aircraft can transport fish and fruits to reduce transit time for such products; adding biofuels can be used as aviation fuel, as aviation turbine fuel (ATF) is costly.