Logistics Ease Across Different States (LEADS) Report, 2021

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    In News

    • The Union Minister for Commerce and Industry has launched the 3rd edition of the Logistics Ease Across Different States (LEADS) report, 2021.

    About Logistics Ease Across Different States (LEADS) Index

    • It is a composite indicator to assess international trade logistics across states and Union territories. 
    • LEADS is an attempt to bring Longevity, Efficiency, Accuracy, Durability, and  Smartness in the Logistics sector.
    • It is a perception-based survey. 
      • It is based on a stakeholders’ survey for the Ministry of Commerce and Industry.
    • LEADS is influenced by the World Bank’s biannual Logistics Performance Index (LPI).
    • LEADS is based on eight parameters 
      • Infrastructure, 
      • Services, 
      • Timeliness, 
      • Track and trace,
      • Competitiveness of pricing, 
      • Safety of cargo, 
      • Operating environment and 
      • Regulatory process. 

    About the rankings

    • Gujarat has been adjudged as the  Best Performing State.
    • Haryana second while Punjab got the third position as per the report.
    • Uttar Pradesh is the top improver. 
      • This reflects the efforts that have been done in improving the quality of infrastructure.

    Need for better logistics infrastructure and Government’s Efforts

    • Ease of Doing Business and Ease of Living:
      • Improved ranking will fetch more investment and a cycle of economic growth will be fueled.
      • During the COVID period, the government was able to manage critical requirements due to efficient infrastructure.
    • Bring down costs:
      • We must lead our way to bring down logistics costs by 5 per cent over the next 5 years.
    • PM GatiShakti Master Plan:
      • It would revolutionize the next generation of multimodal infrastructure development in the country.
      • Better logistics would help India in its commitment to build modern infrastructure for the 21st century, at a pace never seen before. 

    Source: AIR