Secured Logistics Document Exchange Programme

In News

Recently, the government of India has launched a secured logistics document exchange platform.

About

• Secured Logistics Document Exchange (SLDE) launched along with a Calculator for GreenHouse Gas Emissions. 

Secured Logistics Document Exchange (SLDE) Programme 

• Objective: The SLDE platform is a solution to replace the present manual process of generation, exchange and compliance of logistics documents with a digitized, secure and seamless document exchange system.
• Benefits: 
  • Improve logistics efficiency
  • Reduce logistics cost
  • Promote multi-modality and sustainability
  • Better Ease of Doing Business 
• Aims to:
  • Improve India’s ranking in Logistics Performance Index
  • Reduction in logistics cost
  • Establishment of indigenous India-specific metrics for continual improvement in logistics.
• Process: 
  • This will enable generation, storage and interchange of logistics-related documents digitally using Aadhaar and blockchain-based security protocols for data security and authentication; 
  • It will also provide:
    • A complete audit trail of document transfer 
    • Faster execution of transactions 
    • Lower cost of shipping and overall carbon footprint 
    • Easy verification of authenticity of documents 
    • Lowered risk of fraud 
  • The proof of concept of the platform has been developed and executed with banks (ICICI, Axis Bank, State Bank of India and HDFC Bank) and stakeholders including freight forwarders, exporters, importers and vessel operators.

GHG Calculator

• The GHG Calculator is an efficient, user-friendly tool.
• It provides for calculating and comparing GHG emissions across different modes. 
• It allows for commodity-wise comparison of GHG emissions and total cost of transportation, including their environmental cost, between movement by road and rail. 
• The tool is intended to facilitate appropriate modal choice for all concerned.

Conclusion

• These initiatives if implemented properly have the potential of creating a lasting and significant impact on the sector. It will even help in making “Atma Nirbhar Bharat” a reality. 

Source: PIB