Logistics Ease Across Different States (LEADS) 2023
Context:
The Minister of Commerce & Industry has unveiled the “Logistics Ease Across Different State (LEADS) 2023 report.”
Relevance:
GS – 02, GS – 03 (Infrastructure, Inclusive Growth. Industrial Growth, Industrial Policy, Government Policies & Interventions
Main Details:
- The inception of the LEADS index dates back to 2018, modeled after the Logistics Performance Index by the World Bank.
- The LEADS 2023 index underscores a positive transformation in states’ performance, focusing on pivotal pillars such as Logistics Infrastructure, Logistics Services, and the Operating and Regulatory Environment.
- As per the report, 23 States/Union Territories have formulated their State Logistics policies, and 16 States/UTs have accorded industry status to the logistics sector.
- The report employs a ranking system based on the logistics ecosystem of states, shedding light on significant challenges faced by stakeholders and offering strategic recommendations.
- This index serves as a vital gauge of the efficiency of logistical services crucial for fostering exports and bolstering economic growth.
