Modi govt keen at bringing down logistics costs

The Central government led by Prime Minister Narendra Modi wants to bring down logistics costs drastically to enhance exports and create huge employment, according to a PTI report.

Investments worth Rs 2 lakh crore are expected and 20 pacts are in advanced stages, Union Minister Nitin Gadkari was quoted as saying by PTI.

“We are expecting to draw investments worth Rs 2 lakh crore during the summit in which various transport ministries including Road Transport and Highways, Shipping, Railways and Aviation are coming on a single platform for the first time,” Gadkari said.

The Minister said that pacts are in advanced stages of finalisation among different government agencies including National Highways Authority of India (NHAI), CONCOR, Major Port Trusts, Land Ports Authority of India, Central Railside Warehousing Company and different state governments.

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Research Desk

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