logo
Finance Ministry pitches for improving export cargo facilities on ports

Finance Ministry pitches for improving export cargo facilities on ports

Time of India3 hours ago

New Delhi: A
finance ministry report
on Friday made a case for improving gate infrastructure including IT systems, scanning facilities,
temperature-controlled facilities
for perishable export cargo across ports.
Also, post-clearance logistics processes need to be improved to achieve faster release time and streamlined movement of cargo.
Finance and Corporate Affairs Minister
Nirmala Sitharaman
released the fifth edition of
National Time Release Study
(NTRS), a performance measurement tool that provides a quantitative assessment of the time taken for cargo release.
Play Video
Pause
Skip Backward
Skip Forward
Unmute
Current Time
0:00
/
Duration
0:00
Loaded
:
0%
0:00
Stream Type
LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
1x
Playback Rate
Chapters
Chapters
Descriptions
descriptions off
, selected
Captions
captions settings
, opens captions settings dialog
captions off
, selected
Audio Track
default
, selected
Picture-in-Picture
Fullscreen
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text
Color
White
Black
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Text Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Transparent
Caption Area Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Transparent
Semi-Transparent
Opaque
Font Size
50%
75%
100%
125%
150%
175%
200%
300%
400%
Text Edge Style
None
Raised
Depressed
Uniform
Drop shadow
Font Family
Proportional Sans-Serif
Monospace Sans-Serif
Proportional Serif
Monospace Serif
Casual
Script
Small Caps
Reset
restore all settings to the default values
Done
Close Modal Dialog
End of dialog window.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Villas For Sale in Dubai Might Surprise You
Dubai villas | search ads
Get Deals
Undo
The NTRS 2025 is the fifth national-level edition of this annual study, conducted using a standardised methodology. It covers 62,981 Bills of Entry (BoEs) for imports and 69,533
Shipping Bills
(SBs) for exports filed during the first week of January 2025.
The study spans 15 major customs formations, grouped under four categories - Seaports, Inland Container Depots (ICDs), Integrated Check Posts (ICPs), and Air Cargo Complexes (ACCs) - which together account for a significant share of the total BoEs and shipping bills filed across India.
Live Events
In the import segment, the study said Average Release Time (ART) declined between 2023 and 2025 across seaports (about 6 hours), ACCs (about 5 hours), and ICPs (about 18 hours), while ICDs saw an increase of around 12 hours.
Performance against NTFAP 3 targets showed that 93.33 per cent of import cargo at ICPs met the 48-hour target, followed by air cargo complexes (55.03 per cent within 24 hours), seaports (51.76 per cent), and ICDs (43.7 per cent).
Export cargo analysis, from arrival to final departure, revealed varied patterns across port categories. Regulatory clearance (arrival to Let Export Order) was fastest at air cargo complexes (under 4 hours) and ICPs (06:10 hours), according to NTRS.
At seaports, regulatory clearance averaged 29:36 hours, with post-LEO logistics extending to 157:50 hours. At ICDs, regulatory clearance of exports took 30 hours, with improvement in post-LEO logistics time to 99:51 hours.
On facilitating export cargo, the study has made several recommendations, including for reduction of manual documentation processes at port gates and minimising instances of delays in duty payment.
"In terms of infrastructure, there is scope for enhanced gate infrastructure (including IT systems), scanning facilities, temperature-controlled facilities for perishable cargo, etc across ports," the study said.
Post-clearance logistics processes need to be improved to achieve faster release time and streamlined movement of cargo, it suggested.
Regarding imports, the study said post-clearance delays, especially at ICDs, continue to impact overall efficiency, highlighting the need for targeted procedural and operational improvements.
The ministry said a key strength of India's TRS lies in its use of accurate and reliable data sourced directly from the Customs Automated System, operated by the Directorate General of Systems and Data Management, CBIC.
Over the years, the scope of TRS has significantly expanded. What began as a report measuring release time across select gateway ports went on to include other areas of considerable importance such as transit cargo, courier shipments, and commodity-specific assessments, it said.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump's 'Big Beautiful Bill': Senate aims for passage by this date; hopes to finalise it 'even sooner'
Trump's 'Big Beautiful Bill': Senate aims for passage by this date; hopes to finalise it 'even sooner'

Time of India

time24 minutes ago

  • Time of India

Trump's 'Big Beautiful Bill': Senate aims for passage by this date; hopes to finalise it 'even sooner'

Senator Ron Johnson said there's a strong chance that Donald Trump 's "Big Beautiful Bill" could be passed by the Senate and land on the US president's desk by July, possibly before the August recess. "I think we can do it before the August recess, yes, and maybe even sooner than that," Johnson told Fox News. President Trump has earlier urged Congress to send the bill to his desk by July 4, calling it "arguably the most significant piece of legislation that will ever be signed in the history of our country." — bennyjohnson (@bennyjohnson) The wide-ranging legislative package — formally known as the "One, Big, Beautiful Bill" bundles together major tax reforms, spending cuts, and border security proposals that aim to reshape key areas of American policy. At its core, the over 1,000-page bill seeks to make Trump's 2017 tax cuts permanent while adding new tax breaks, such as deductions for tips, overtime, and car loan interest. It also proposes raising the standard deduction to $32,000 for joint filers, boosting the child tax credit to $2,500, and offering a $4,000 deduction for certain seniors. But the bill has sparked backlash over proposed cuts to federal programs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thị trường có dấu hiệu suy thoái không? IC Markets Đăng ký Undo It includes major reductions in spending on Medicaid and the Supplemental Nutrition Assistance Program (SNAP). The Congressional Budget Office estimates the bill could cut SNAP spending by $295 billion over the next decade and push around 3.2 million people off the program each month by tightening work requirements and shifting more costs to states. While Republicans hold a slight majority in the Senate (53-47), opposition remains — not just from Democrats but also from some GOP senators worried about impacts on vulnerable populations and the potential to worsen the federal deficit.

Rung traders seek revival of India-China trade at Lipulekh border
Rung traders seek revival of India-China trade at Lipulekh border

Time of India

time24 minutes ago

  • Time of India

Rung traders seek revival of India-China trade at Lipulekh border

Pithoragarh: Traders from the Rung community, who have historically engaged in India-China border trade through Lipulekh Pass, are demanding its resumption and have expressed deep disappointment over its continued suspension this year. Border trade has remained shut since 2019. "Trade between India and Tibet through Lipulekh has been ongoing since ancient times. Though it was halted after the 1962 India-China war, it resumed in 1992," said Daulat Singh Raypa, general secretary of India-China Border Trade Association. The Kailash Mansarovar yatra , which also passes through Lipulekh, began in 1981. Both the pilgrimage and trade continued uninterrupted until 2019, when operations were suspended due to the Covid-19 pandemic. While the yatra has been permitted to resume this year, border trade remains suspended. "We were hopeful trade would also restart once the yatra resumed, especially since Lipulekh is now connected by road," said Raypa. The construction of the Tawaghat–Lipulekh road was completed by the Border Roads Organisation (BRO) in 2022. "We were very enthusiastic because road connectivity reduces both time and costs and makes trade more viable," he added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ductless Air Conditioners Are Selling Like Crazy [See Why] Keep Cool Click Here Undo Since the Chinese govt granted permission to Nepali Rung traders to resume border trade in 2024, "the Indian Rung community must also be allowed without delay," said Jeevan Singh, president of the traders' union. "We met central ministers and urged them to restart the border trade," he added. In 2019, 40 traders left unsold goods in godowns and shops, with an estimated Rs 2 crore worth of items stuck in the Chinese mandi at Taklakot, said Singh.

Bengaluru's BMTC extends NICE road bus services, adds new routes, Rs 1,400 monthly pass, and weekend package tour
Bengaluru's BMTC extends NICE road bus services, adds new routes, Rs 1,400 monthly pass, and weekend package tour

Time of India

time29 minutes ago

  • Time of India

Bengaluru's BMTC extends NICE road bus services, adds new routes, Rs 1,400 monthly pass, and weekend package tour

After the successful launch of its express bus services on NICE Road between Madavara and Electronics City, the Bengaluru Metropolitan Transport Corporation (BMTC) has now added five more routes to its network. The newly introduced express buses will run on the following routes: Majestic – Attibele Banashankari TTMC – Attibele Majestic – Devanahalli Banashankari TTMC – Devanahalli Majestic – Nelamangala These express services aim to improve travel time and provide better comfort for commuters in busy parts of Bengaluru. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free IELTS Cheat Sheet IELTS Prep Pro IELTS Prep Pro Learn More Monthly Pass at Rs 1,400 BMTC has also launched a new monthly bus pass priced at Rs 1,400. This pass allows unlimited travel on all ordinary services, including buses running on NICE Road. However, it does not include full access to premium services. Pass holders can still use Vajra express buses but must pay any toll charges separately. New Weekend Package Tour In another exciting update, BMTC has started a weekend package tour to the Ghati–Isha Foundation. This tour will be operated using air-conditioned buses and will cost Rs 600 per person. The fare includes all charges, and the trip will begin at 9 am with a return to Bengaluru by 7 pm. Live Events BMTC said the move is aimed at giving city residents better transport options both for daily commuting and short weekend getaways. Inputs from TOI

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store