Union Budget 2024 gives thrust to multi-modal connectivity & efficiency to improve logistics industryShare This News Story:NEW DELHI : The Union Budget 2024-25 has given a thrust to multi-modal connectivity by implementing economic railway corridors and port connectivity corridors, logistics and port players said on Thursday. “These initiatives will go a long way in improving logistics efficiency and reducing cost. “With a strong focus on infrastructure development, last-mile connectivity, and social and geographical inclusivity, it effectively complements the vision of a ‘Vikasit Bharat’ (developed India) by 2047. These initiatives aim to enhance logistics efficiency and reduce costs.”Rajesh Jaggi, Vice Chairman for real estate at the Everstone Group, said the Interim Budget’s focus on transportation infrastructure aligns with our expectations for enhanced logistics connectivity. It will not only strengthen the overall efficiency of transportation network but also improve the reliability and safety of passenger trains.”

Source: The North Africa Journal February 03, 2024 03:27 UTC