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Home Economy

LEADS index, 2021

November 10, 2021
in Economy
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LEADS index, 2021
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In news– The Union Minister of Commerce and Industry has released a report on the Logistics Ease Across Different States Index (LEADS) 2021 recently.

About the index 

  • LEADS report ranks the states on the basis of their logistics ecosystem, highlights the key logistics related challenges faced by the stakeholders and includes suggestive recommendations.

  • Within the North Eastern States and Himalayan Region, Jammu and Kashmir is the top ranker followed by Sikkim and Meghalaya. 
  • Delhi stands at the top rank among Other UTs. 

  • LEADS report of 2018 focused on export-import trade and assessed the efficiency of the logistics ecosystem in each State and UT.
  • LEADS report 2019 had covered both international and domestic trade.
  • Being the 3rd report in series, LEADS 2021 exercise has gone one-step ahead in analysing the domestic and EXIM logistics ecosystem of the state. 
  • Specifically, two improvements have been done in the overall assessment framework. 
  • Firstly, the objective parameters in the LEADS 2021 Index have been introduced by way of an objective survey instrument administered to the States/UTs and by the inclusion of secondary datasets on logistics across the State/UT level. 
  • Secondly, the statistical methodologies to build the index have been updated to get more robust results, given change in the overall framework.
  • The perception survey was administered to the four different categories of logistics stakeholders, viz. traders/ shippers, transport service providers, terminal operators, and logistics service providers.
  • With the efforts in the right direction, it is hoped that the vision of logistics cost will be reduced by 5% in the next five years.

Key suggestions

It suggests the states frame State Logistics policy & Logistics Master Plan, use single-window clearance system for logistics establishment of grievance redressal mechanism and enable skilling in logistics through State skilling infrastructure.

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Source: PIB
Tags: PIBPrelims

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PRELIMS 2021 POLITY QUESTIONS ANALYSED

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PRELIMS 2021 HISTORY QUESTIONS ANALYSED

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CONGRATULATIONS TO 2021 TOPPERS !!!

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Rank 250 Sahithya
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Rank 311 Deepak Ramachandra Shet
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