Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

ADB-Funded SMILE Program to Boost India's Logistics Efficiency, Cut Costs, and Strengthen Multimodal Infrastructure

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ADB-Funded SMILE Program to Boost India's Logistics Efficiency, Cut Costs, and Strengthen Multimodal Infrastructure
News and Press Release
Dated:- 29-3-2025

The Asian Development Bank (ADB) funded Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) Program has the objectives of improving India's logistics infrastructure, reducing logistics costs, and increasing efficie .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ncy. It supports the implementation of the National Logistics Policy and PM Gati Shakti National Master Plan by strengthening multimodal logistics, standardizing warehousing, and promoting digitalization in trade logistics. The SMILE program aims to establish and operationalize a comprehensive policy framework to enhance logistics efficiency through (i) strengthening the institutional bases for m .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ultimodal logistics infrastructure development at the National, State, and City levels; (ii) standardizing warehousing and other logistics assets to strengthen supply chains and incentivize greater private sector investment; (iii) improving efficiencies in external trade logistics; and (iv) adopting smart systems for efficient and low-emission logistics. These would improve resilience of supply ch .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ains, especially for India's manufacturing sector. The SMILE Program is designed to study and identify policy, infrastructure, and digital interventions in various processes which are helpful in improving India's competitiveness in Logistics Performance Index and resultantly increased job opportunities. The SMILE program includes dedicated measures for gender inclusion. The program also aims to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... develop a mechanism for gender audit of land ports as part of the "gender inclusion in trade" mandate of the National Trade Facilitation Action Plan (2020-23), and assess operational integrated check posts in the country and ensure they satisfy minimum requirements of gender responsiveness. The SMILE Program aligns with the Atmanirbhar Bharat (Self-Reliant India) initiative by strengthening .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... domestic manufacturing, improving logistics efficiency, and enabling better integration into global trade network. This would enhance the competitiveness of Indian industries, reduce dependencies on inefficient logistics, and support the vision of making India a global manufacturing and supply chain hub. By fostering private investment and digital transformation, the program contributes to long-te .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rm economic resilience and growth. This information was given by the Minister of State for Ministry of Commerce & Industry, Shri Jitin Prasada, in a written reply in the Rajya Sabha
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates