Logistics has become the centerpiece of India's policy: Piyush Goyal

PM Modi’s leadership has transformed express delivery of services through innovave ideas: Piyush Goyal

NEW DELHI: Union Minister of CommerceandIndustry,Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal said that logistics has become the centerpiece of India's policymakinginitsjourneytowards becoming a developed nation and a leader in international trade. Healsosaidthatexpressdeliveryof services has transformed through innovative ideas under the leadership of Prime Minister Shri NarendraModi.

During his address at the ICRIER Release of the Report on Express Delivery Services in New Delhi, the Minister praised the Indian Council for Research on International Economic Relations (ICRIER)forareportwhichaimsto improvetheoveralllogisticssystem by partnering with industry and government. He said that ICRIER acts as a bridge between governmentandindustry.Headded that it must work with industry experts on the roadmap for fruitful realization and implementation of therecommendationsofthereport.

The Minister noted that the growth in overall exports over the last two years despite challenges like inventory pileup, high raw material costs, freight issues, and the COVID-19 pandemic's impact is commendable. He said that the government is making a conscious effort to change the mindset of looking at things from the old perspective and living in hesitations of history. It is the result of these efforts that the overall exports from India in 202223areexpectedtobeaboutUS$765 billion,hesaid.

The Minister said that the government is focused on taking digital connectivity across the length and breadth of the country, with 4G and broadband internet reachingalmosteverycornerofthe country. He observed that the seamless digital connectivity enabled India to deliver services on time during the COVID period by facilitatingworkfromhome.Hesaid that this express delivery of services through an expansive digitalnetworkcreatedoverthelast

8 years must be duplicated in the logisticssectorfortimelydeliveryof goods.

He said that Express Delivery Services is yet to come to terms withthehugepotentialIndiaholds. The Minister noted that scale, efficiency, and building blocks through technology must be utilized to bring down the cost in logistics. He said that the government is taking steps in this direction through massive infrastructure development through PM GatiShakti for smarter and faster planning and implementation of projects, Unified Logistics Interface Platform and dedicatedfreightcorridors.

He highlighted that when the Prime Minister said that India can be the trusted partner to the world at the G20 Summit, the message went out that India is ready to do business with its transparent and rulebasedecosystemanditshighly talented and committed human resource. The Minister said that trust, transparency, and talent will helpusinourtrade.

In a first, China’s imports of pulses from India top $100 million

NEW DELHI: China has stepped up purchases of pulses such as kidney beans and Kabuli chana (chickpea) from India in recent years to meet its growing demand. In the 2022-23 fiscal, China emerged as the biggest buyer of Indian pulses, displacing UAE, with the import value exceeding$100millionforthefirst time.

APEDA data reveal that Chinese imports of Indian pulses stood at $102.41 million during the April-January period of 2022-23 over $89.03 million in the entire 2021-22, a 15 per cent growth. During this period, India’s overall pulses exports increased to $476 million, an increase of 25 per cent over $379 millioninthepreviousfiscal.

Chinese purchases of Indian pulses in sizeable quantities, which started during the Covid pandemic, have sustained and grown multifold over the past couple of years. There is a five-fold increase in the volume of pulses exports to China from India over the past four years, while in terms of value, they have more than trebled during the last threeyears.

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