Bhopal, Feb 16 (PTI) The Madhya Pradesh authorities’s new logistics policy will strengthen the state’s financial system and attract traders within the upcoming international traders summit (GIS), Chief Minister Mohan Yadav mentioned on Sunday.
Make investments Madhya Pradesh – World Buyers Summit, is scheduled in Bhopal on February 24 and 25.
Yadav listed numerous options of the Logistics Policy reminiscent of RFID, Inexperienced Card Scheme, inexperienced industrialisation and so forth.
In response to Yadav, the logistics policy novelties that have been unveiled just lately will improve supply effectivity by decreasing logistics prices.
“The policy’s goal is to develop environment friendly, dependable, and strategically sustainable world-class logistics infrastructure in order that logistics value might be decreased to international requirements by 2030,” he acknowledged.
Yadav mentioned the policy will make MP a beautiful vacation spot for home and worldwide companies.
“The Madhya Pradesh Logistics Policy 2025 will additionally show to be vital within the route of the general financial growth. It will take the state financial system to new heights in coming years,” he mentioned.
The chief minister mentioned the federal government is specializing in decreasing the port turnaround time for efficient policy implementation, which will result in improved effectivity of the state’s supply chain.
“The e-delivery orders will be launched from the PCS One system, which will make logistics processes extra streamlined and clear,” he mentioned, including that devoted labs will be arrange for the Meals Security and Requirements Authority of India.
He mentioned technological improvements like Radio Frequency Identification (RFID) will improve safety and velocity up the motion of products.
Moreover, the inclusion of the Unified Logistics Interface Platform will make the change of information within the logistics worth chain less complicated and sooner, he mentioned.
He mentioned the policy additionally included the Inexperienced Card Scheme, granting fast approval to these logistics operators who undertake inexperienced transportation.
The chief minister additional mentioned the state authorities has been growing greater than 20 cargo terminals to develop infrastructure appropriate for inland and worldwide logistics transportation.
“These terminals will be geared up with state-of-the-art amenities, which will facilitate freight transportation. As a consequence of decreased transportation prices, the revenue of businessmen will improve and extra funding will be drawn to the state,” Yadav added.
He mentioned the provisions for growing export parks have been included within the policy and the developer of those parks will get 100 per cent reimbursement on stamp responsibility and registration charges, in addition to monetary help of as much as ₹40 crore or 50 per cent per acre for infrastructure growth.
Yadav mentioned the institution of frequent processing amenities for exporters will even be inspired. For this, monetary help of as much as 25 per cent of the mission value or a most of ₹25 crore will be offered.
“Inexperienced industrialisation has additionally been inspired on this policy. For this, as much as 50 per cent reimbursement will be offered on the institution of zero liquid programs of waste administration and centralised waste administration programs,” he mentioned.
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