Latest news with #InlandWaterways
India.com
3 days ago
- Business
- India.com
India's Logistics Sector To Clock 10.7% Growth Till 2026, Create Millions Of Jobs: Centre
New Delhi: India's logistics sector, valued at $215 billion in 2021, is well-positioned for strong growth with an expected compound annual growth rate (CAGR) of 10.7 per cent till 2026, government data showed on Saturday. The government's decision to grant the sector infrastructure status has enabled access to cheaper, long-term funding, similar to roads and railways, further solidifying its significant role in the growth story of India. Several government initiatives like the National Logistics Policy (NLP), PM GatiShakti, GST and Logistics Parks are modernising infrastructure and cutting costs. 'The sector employs over 22 million people and is creating millions of new jobs. Inland Waterways reported a record cargo of 145.5 million tonnes for 2024–25. Digitalisation and tech platforms like ULIP are boosting efficiency and transparency across supply chains,' according to the official data. India stands as the fourth-largest economy in the world. Different sectors, including the service, manufacturing, and agriculture, led India's strong recovery after the pandemic in 2021 and 2022, resulting in 15.3 per cent growth over the two years. India has since maintained its status as the world's fastest-growing major economy, with a real GDP growth rate (at constant prices) of 6.5 per cent in the year 2024-2025. Stronger supply chains today mean a stronger, more resilient India tomorrow. The government's push for infrastructure development and digitalization has further accelerated growth, establishing India as a key logistics hub in Asia. In July 2017, a separate logistics unit was created under the Department of Commerce to oversee the Integrated Development of Logistics Sector. The National Logistics Policy (NLP) was launched in September 2022 to create a more seamless logistics ecosystem by improving efficiency and reducing logistics costs. As part of this reform, digital initiatives like the Unified Logistics Interface Platform (ULIP) and the Logistics Data Bank (LDB) are now fully operational, aiming to enhance ease of doing business and enable tracking of containerized Export Import (EXIM) cargo. PM GatiShakti Master Plan was launched in October 2021 to integrate different modes of transport into a coordinated network. The PM GatiShakti has brought together 57 Central Ministries/Departments and all 36 states and union territories. It has also integrated massive 1,700 data layers, creating a truly unified and comprehensive platform for infrastructure planning. The Ministry of Railways is currently developing two Dedicated Freight Corridors (DFCs), namely, the Eastern Dedicated Freight Corridor(EDFC) from Ludhiana to Sonnagar (1,337 km) and the Western Dedicated Freight Corridor (WDFC) from Jawaharlal Nehru Port Terminal (JNPT) to Dadri (1,506 km). Out of the total 2,843 kms, 2741 Route Kilometers (96.4 per cent) are operational as of March 2025. The corridors are expected to accelerate industrial development and create significant employment opportunities in logistics and related sectors.
Hans India
3 days ago
- Business
- Hans India
India's logistics sector to clock 10.7 pc growth till 2026, create millions of jobs: Centre
New Delhi: India's logistics sector, valued at $215 billion in 2021, is well-positioned for strong growth with an expected compound annual growth rate (CAGR) of 10.7 per cent till 2026, government data showed on Saturday. The government's decision to grant the sector infrastructure status has enabled access to cheaper, long-term funding, similar to roads and railways, further solidifying its significant role in the growth story of India. Several government initiatives like the National Logistics Policy (NLP), PM GatiShakti, GST and Logistics Parks are modernising infrastructure and cutting costs. 'The sector employs over 22 million people and is creating millions of new jobs. Inland Waterways reported a record cargo of 145.5 million tonnes for 2024–25. Digitalisation and tech platforms like ULIP are boosting efficiency and transparency across supply chains,' according to the official data. India stands as the fourth-largest economy in the world. Different sectors, including the service, manufacturing, and agriculture, led India's strong recovery after the pandemic in 2021 and 2022, resulting in 15.3 per cent growth over the two years. India has since maintained its status as the world's fastest-growing major economy, with a real GDP growth rate (at constant prices) of 6.5 per cent in the year 2024-2025. Stronger supply chains today mean a stronger, more resilient India tomorrow. The government's push for infrastructure development and digitalization has further accelerated growth, establishing India as a key logistics hub in Asia. In July 2017, a separate logistics unit was created under the Department of Commerce to oversee the Integrated Development of Logistics Sector. The National Logistics Policy (NLP) was launched in September 2022 to create a more seamless logistics ecosystem by improving efficiency and reducing logistics costs. As part of this reform, digital initiatives like the Unified Logistics Interface Platform (ULIP) and the Logistics Data Bank (LDB) are now fully operational, aiming to enhance ease of doing business and enable tracking of containerized Export Import (EXIM) cargo. PM GatiShakti Master Plan was launched in October 2021 to integrate different modes of transport into a coordinated network. The PM GatiShakti has brought together 57 Central Ministries/Departments and all 36 states and union territories. It has also integrated massive 1,700 data layers, creating a truly unified and comprehensive platform for infrastructure planning. The Ministry of Railways is currently developing two Dedicated Freight Corridors (DFCs), namely, the Eastern Dedicated Freight Corridor(EDFC) from Ludhiana to Sonnagar (1,337 km) and the Western Dedicated Freight Corridor (WDFC) from Jawaharlal Nehru Port Terminal (JNPT) to Dadri (1,506 km). Out of the total 2,843 kms, 2741 Route Kilometers (96.4 per cent) are operational as of March 2025. The corridors are expected to accelerate industrial development and create significant employment opportunities in logistics and related sectors.
Time of India
3 days ago
- Business
- Time of India
India's logistics sector to clock 10.7% growth till 2026, create millions of jobs: Centre
India's logistics sector, valued at $215 billion in 2021, is well-positioned for strong growth with an expected compound annual growth rate (CAGR) of 10.7 per cent till 2026, government data showed on Saturday. The government's decision to grant the sector infrastructure status has enabled access to cheaper, long-term funding, similar to roads and railways, further solidifying its significant role in the growth story of India. Several government initiatives like the National Logistics Policy (NLP), PM GatiShakti , GST and Logistics Parks are modernising infrastructure and cutting costs. "The sector employs over 22 million people and is creating millions of new jobs. Inland Waterways reported a record cargo of 145.5 million tonnes for 2024-25. Digitalisation and tech platforms like ULIP are boosting efficiency and transparency across supply chains," according to the official data. India stands as the fourth-largest economy in the world. Different sectors, including the service, manufacturing, and agriculture, led India's strong recovery after the pandemic in 2021 and 2022, resulting in 15.3 per cent growth over the two years. India has since maintained its status as the world's fastest-growing major economy, with a real GDP growth rate (at constant prices) of 6.5 per cent in the year 2024-2025. Stronger supply chains today mean a stronger, more resilient India tomorrow. The government's push for infrastructure development and digitalization has further accelerated growth, establishing India as a key logistics hub in Asia. In July 2017, a separate logistics unit was created under the Department of Commerce to oversee the Integrated Development of Logistics Sector. The National Logistics Policy (NLP) was launched in September 2022 to create a more seamless logistics ecosystem by improving efficiency and reducing logistics costs. As part of this reform, digital initiatives like the Unified Logistics Interface Platform (ULIP) and the Logistics Data Bank (LDB) are now fully operational, aiming to enhance ease of doing business and enable tracking of containerized Export Import (EXIM) cargo. PM GatiShakti Master Plan was launched in October 2021 to integrate different modes of transport into a coordinated network. The PM GatiShakti has brought together 57 Central Ministries/Departments and all 36 states and union territories. It has also integrated massive 1,700 data layers, creating a truly unified and comprehensive platform for infrastructure planning. The Ministry of Railways is currently developing two Dedicated Freight Corridors (DFCs), namely, the Eastern Dedicated Freight Corridor(EDFC) from Ludhiana to Sonnagar (1,337 km) and the Western Dedicated Freight Corridor (WDFC) from Jawaharlal Nehru Port Terminal (JNPT) to Dadri (1,506 km). Out of the total 2,843 kms, 2741 Route Kilometers (96.4 per cent) are operational as of March 2025. The corridors are expected to accelerate industrial development and create significant employment opportunities in logistics and related sectors.
Time of India
3 days ago
- Business
- Time of India
India's logistics sector to clock 10.7% growth till 2026, create millions of jobs: Centre
Advt Advt India's logistics sector, valued at $215 billion in 2021, is well-positioned for strong growth with an expected compound annual growth rate (CAGR) of 10.7 per cent till 2026, government data showed on government's decision to grant the sector infrastructure status has enabled access to cheaper, long-term funding, similar to roads and railways, further solidifying its significant role in the growth story of government initiatives like the National Logistics Policy (NLP), PM GatiShakti , GST and Logistics Parks are modernising infrastructure and cutting costs."The sector employs over 22 million people and is creating millions of new jobs. Inland Waterways reported a record cargo of 145.5 million tonnes for 2024-25. Digitalisation and tech platforms like ULIP are boosting efficiency and transparency across supply chains," according to the official stands as the fourth-largest economy in the world. Different sectors, including the service, manufacturing, and agriculture, led India's strong recovery after the pandemic in 2021 and 2022, resulting in 15.3 per cent growth over the two has since maintained its status as the world's fastest-growing major economy, with a real GDP growth rate (at constant prices) of 6.5 per cent in the year supply chains today mean a stronger, more resilient India tomorrow. The government's push for infrastructure development and digitalization has further accelerated growth, establishing India as a key logistics hub in July 2017, a separate logistics unit was created under the Department of Commerce to oversee the Integrated Development of Logistics National Logistics Policy (NLP) was launched in September 2022 to create a more seamless logistics ecosystem by improving efficiency and reducing logistics costs. As part of this reform, digital initiatives like the Unified Logistics Interface Platform (ULIP) and the Logistics Data Bank (LDB) are now fully operational, aiming to enhance ease of doing business and enable tracking of containerized Export Import (EXIM) GatiShakti Master Plan was launched in October 2021 to integrate different modes of transport into a coordinated network. The PM GatiShakti has brought together 57 Central Ministries/Departments and all 36 states and union territories. It has also integrated massive 1,700 data layers, creating a truly unified and comprehensive platform for infrastructure Ministry of Railways is currently developing two Dedicated Freight Corridors (DFCs), namely, the Eastern Dedicated Freight Corridor(EDFC) from Ludhiana to Sonnagar (1,337 km) and the Western Dedicated Freight Corridor (WDFC) from Jawaharlal Nehru Port Terminal (JNPT) to Dadri (1,506 km).Out of the total 2,843 kms, 2741 Route Kilometers (96.4 per cent) are operational as of March 2025. The corridors are expected to accelerate industrial development and create significant employment opportunities in logistics and related sectors.
The Hindu
10-06-2025
- Politics
- The Hindu
National Security Guard defused two drones laden with explosives at Jammu airport after Operation Sindoor: NSG Director General
The National Security Guard (NSG) played a key role in defusing eight kilogrammes of explosives dropped by two drones at Jammu civilian airport in the aftermath of Operation Sindoor, NSG Director General Brighu Srinivasan said on Tuesday (June 10, 2025). The NSG has been deployed for anti-Maoist operations in Gadchiroli district of Maharashtra along with the State police, Mr. Srinivasan said. This is the first time that the NSG has been deployed in a Left Wing Extremism-affected area amid the Union government's aim to end Maoism by March 2026. The NSG is an elite counter-terror and counter-hijack force deployed during terrorist attacks in civilian areas, and also provides security cover to VVIPs. The force draws 100% of its strength from the Central Armed Police Forces (CAPF), and Army personnel on fixed deputation. In the recent past, 17 religious sites, 21 nuclear installations, and 14 sensitive locations had been surveyed by the NSG, and their 3D maps prepared, Mr. Srinivasan said. The NSG conducts counter-hijack and counter-terrorism exercises round the year in coordination with the State police, and 180 anti-air hijack exercises were held in 2024, he said. 'Last month, counter-terrorist exercises were conducted along with J&K Police and Indian Railways, and in future, train intervention exercises will be intensified,' Mr. Srinivisan said. He was speaking at the inauguration of the 23rd edition of the NSG's Counter-Terror International Seminar under the theme 'Forging Collaboration and Innovation to Counter Terror Threats and Address the Complexities of Modern Terrorism'. 'In January this year, on the instructions of the Ministry of Home Affairs, a security audit of Inland Waterways Cruise Liners was done, and anti-hijack exercises were conducted on cruise liners on the Ganga and Brahmaputra rivers,' the Director General said. A specialised operations training centre is under construction at Manesar in Haryana at a cost of ₹140 crore. Delegations from more than 17 foreign countries, including the U.S., Russia, Japan, Israel, Germany, and Indonesia are participating, along with senior officials from the State police, CAPF, the Indian Army, intelligence agencies, and leading think tanks. Discussions led by experts from the U.S. and Israel focused on global counter-terrorism frameworks, counter-radicalisation strategies, and operational challenges in urban combat, helping Indian stakeholders benchmark best practices from friendly foreign countries, the NSG said in a statement. The NSG signed a Memorandum of Understanding with various State police forces, laying the foundation for a first-of-its-kind unified counter-terrorism coordination framework, institutionalised joint training, and first responder interoperability. 'The MoU embodies India's resolve to evolve from fragmented action to a synchronised national response, integrating both kinetic and non-kinetic capabilities through a calibrated, interoperable structure,' the NSG said.
