Bengal mulls ‘industry’ tag for logistics

The West Bengal authorities is considering to grant trade standing to the State’s $20 billion logistics sector for seamless improvement of assorted infrastructure initiatives, an official stated. The State is engaged on framing a logistics coverage and it might require about ₹1,000 crore to implement it within the quick time period, the official informed PTI. The Union authorities, too, has been formulating a nationwide coverage aiming to cut back logistics value from the current 14% of the gross home product to lower than 10% by 2022. “The standing of trade will assist the logistics sector easily develop infrastructure. The conversion of agricultural land to develop logistics-related infrastructure shall be simpler,” the official stated.

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