MP Logistics Policy-2025 to drive economic growth: CM

| | BHOPAL
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MP Logistics Policy-2025 to drive economic growth: CM

Monday, 17 February 2025 | Staff Reporter | BHOPAL

Chief Minister Mohan Yadav stated that to strengthen the state's economy and attract investors participating in GIS, the Madhya Pradesh government has launched the Madhya Pradesh Logistics Policy-2025. The policy aims to reduce logistics costs and improve supply chain efficiency through innovative measures.

Yadav emphasized that the primary goal of this policy is to develop an efficient, reliable, and strategically sustainable world-class logistics infrastructure in the state. By 2030, logistics costs will be reduced to align with global standards, making Madhya Pradesh an attractive destination for domestic and international businesses.

The Madhya Pradesh Logistics Policy-2025 will play a pivotal role in the state's overall economic growth. It will position the state as a major logistics hub, attract investors, and boost trade. Over the coming years, the policy will elevate Madhya Pradesh’s economy to new heights.

To ensure effective implementation, the government is focusing on reducing port turnaround time, improving supply chain efficiency, and introducing a PCS-One system for e-delivery orders, making logistics processes more streamlined and transparent.

Additionally, dedicated Food Safety and Standards Authority of India (FSSAI) labs will be established to ensure compliance with safety and quality standards. Innovations like Radio Frequency Identification (RFID) doors will enhance security and expedite the movement of goods. The inclusion of a Unified Logistics Interface Platform (ULIP) will facilitate seamless data exchange across the logistics value chain.

One of the policy's key innovations is the introduction of the Green Card Scheme, which will provide fast-track approvals to logistics operators adopting green transportation practices.

To develop infrastructure suitable for domestic and international logistics transportation, the state government is establishing over 20 cargo terminals, which will strengthen the logistics network. These terminals will be equipped with state-of-the-art facilities, ensuring smooth freight movement.

Reduced transportation costs will increase profitability for businesses and attract higher investments in the state.

A key component of Madhya Pradesh Logistics Policy-2025 is enhancing the state's export capacity. The policy includes provisions for the development of export parks, where developers will receive cent per cent reimbursement on stamp duty and registration fees, Financial assistance up to Rs 40 crore or 50 per cent per acre for infrastructure development, and Up to 25 per cent or Rs 25 crore financial aid for establishing common pre-processing facilities for exporters.

The policy also promotes green industrialization by encouraging zero-liquid discharge waste management systems and centralized waste management systems, with a 50 per cent reimbursement incentive.

The policy focuses on increasing exporters' participation by Encouraging export diversification, Enhancing efficiency in export-oriented units, and Strengthening export-focused logistics infrastructure.

Its objectives include boosting export volume, increasing the value of 'Made in Madhya Pradesh' products, and creating employment opportunities in the logistics sector.

By reducing logistics costs, traders and entrepreneurs will directly benefit, leading to Job creation in warehouses, transportation, and logistics companies. It is a golden opportunity for domestic and international investors. The reduced logistics costs will provide better transportation and storage facilities for farmers’ produce. This forward-looking policy is set to transform Madhya Pradesh into a logistics powerhouse, fostering economic growth, sustainability, and global competitiveness.

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