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Budget 2024-25 to boost logistics infra with multimodal connectivity: Allcargo CFO

July 17 , 2024

Publication: Moneycontrol

The interim budget tabled in the Parliament, earlier this year, signalled the government's relentless focus on strengthening infrastructure and connectivity for a broad-based economic growth.

In the run-up to the budget -- the first budget of the NDA government after its re-election for a third term -- an encouraging development reinforces the government’s intent to prioritise transformation and the growth of the logistics industry.

The Department for Promotion of Industry and Internal Trade (DPIIT) and the Ministry of Commerce & Industry have partnered with the National Council of Applied Economic Research (NCAER) to develop a detailed framework for the assessment of logistics costs in the country.