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UP jumps 7 ranks in Logistics Index, Gujarat still remains on top, know the condition of other states

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In terms of logistic performance, Uttar Pradesh has made a big improvement and has jumped 7 points in the Logistics Performance Index. In this list, Gujarat still remains on top, while Uttar Pradesh has now moved from 13th to 6th position. According to a report released by the commerce ministry on Monday, Gujarat continues to top the logistic performance index. This index is an indicator of the efficiency of logistics services required to boost exports and economic growth.

According to the index, Gujarat ranks first in the list of 21 states. It is followed by Haryana, Punjab, Tamil Nadu and Maharashtra respectively. The Leeds (Logistics Ease Across Different States) 2021 report, released by Commerce and Industry Minister Piyush Goyal on Monday, will help identify problem areas and formulate policy responses to tackle them.

The index aims to focus on improving logistic performance across states which is essential for improving the country’s trade and reducing transaction costs. In the list of North Eastern States and Himalayan Union Territories, Jammu and Kashmir tops the list. At the same time, Delhi has got the top position in the Union Territories. The first logistic report was released in 2018. Last year the ranking was not released due to the COVID-19 pandemic. Gujarat was ranked first in the ranking list both in 2018 and 2019.

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This time in the top 10 list, Uttar Pradesh is at sixth, Odisha seventh, Karnataka eighth, Andhra Pradesh ninth and Telangana 10th. West Bengal, Rajasthan, Madhya Pradesh, Goa, Bihar, Himachal Pradesh and Assam are ranked 15th, 16th, 17th, 18th, 19th, 20th and 21st respectively. The composite index is based on 21 indicators. The survey was conducted during May-August 2021. The entire process received 3,771 responses from 1,405 people across the country.

The Commerce and Industry Minister said that the things laid out in the report can pave the way for reducing the logistics cost by five percent in the next five years. As per estimates, the cost at present is around 13-14 per cent of the Gross Domestic Product (GDP). Goyal said that the efficiency of logistics services assumes importance in terms of ease of doing business as well as empowerment for citizens.

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