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Logistics Ease Across Different States (LEADS) Report, 2021

Posted on November 9, 2021 by admin1  804

In News

  • The Union Minister for Commerce and Industry has launched the 3rd edition of the Logistics Ease Across Different States (LEADS) report, 2021.

About Logistics Ease Across Different States (LEADS) Index

  • It is a composite indicator to assess international trade logistics across states and Union territories. 
  • LEADS is an attempt to bring Longevity, Efficiency, Accuracy, Durability, and  Smartness in the Logistics sector.
  • It is a perception-based survey. 
    • It is based on a stakeholders’ survey for the Ministry of Commerce and Industry.
  • LEADS is influenced by the World Bank’s biannual Logistics Performance Index (LPI).
  • LEADS is based on eight parameters 
    • Infrastructure, 
    • Services, 
    • Timeliness, 
    • Track and trace,
    • Competitiveness of pricing, 
    • Safety of cargo, 
    • Operating environment and 
    • Regulatory process. 

About the rankings

  • Gujarat has been adjudged as the  Best Performing State.
  • Haryana second while Punjab got the third position as per the report.
  • Uttar Pradesh is the top improver. 
    • This reflects the efforts that have been done in improving the quality of infrastructure.

Need for better logistics infrastructure and Government’s Efforts

  • Ease of Doing Business and Ease of Living:
    • Improved ranking will fetch more investment and a cycle of economic growth will be fueled.
    • During the COVID period, the government was able to manage critical requirements due to efficient infrastructure.
  • Bring down costs:
    • We must lead our way to bring down logistics costs by 5 per cent over the next 5 years.
  • PM GatiShakti Master Plan:
    • It would revolutionize the next generation of multimodal infrastructure development in the country.
    • Better logistics would help India in its commitment to build modern infrastructure for the 21st century, at a pace never seen before. 

Source: AIR

 
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