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DAILY NEWS ANALYSIS
08 July, 2020
4 Min Read
The Ministry of Commerce and Industry is considering replacing the Multimodal Transportation of Goods Act, 1993 (MMTG) with a National Logistics Efficiency and Advancement Predictability and Safety Act (NLEAPS). MMTG provides for the regulation of multimodal transportation of goods from any place in India to any place outside India.
Multimodal transportation refers to a combination of more than one mode of movement, such as rail, road or sea, for end-to-end delivery of goods. It was introduced to facilitate the exporters and give them a sense of security in transporting their goods.
Reason Behind New Law:
Benefit:
Effective implementation of the Act would help provide an impetus to trade, enhance export competitiveness, and improve India’s ranking in the Logistics Performance Index and Ease of Doing Business.
Logistics Performance Index (PT)
The Logistics Performance Index (LPI), developed by the World Bank Group, is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance.
The logistics performance (LPI) is the weighted average of the country's scores on the six key dimensions:
**India ranked 44th on the LPI in 2018.
Source: PIB
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