Current Affairs-Topics

Maharashtra's Logistics Policy approved: Shaping the Future

The Maharashtra Logistics Policy 2024 aims to generate ₹30,573 crore in revenue over five years and create 500,000 jobs. Key objectives include reducing logistics costs, reducing time for operations, and reducing carbon emissions.

Overview of Maharashtra Logistics Policy 2024

  • Logistics Policy approved by the Maharashtra Cabinet led by Chief Minister Eknath Shinde
  • Based on recommendations from the State Economic Advisory Council
  • Logistic Policy aims to generate ₹30,573 crore in revenue over five years
  • Expected to create approximately 500,000 direct and indirect jobs
  • Designed to guide development over the next ten years

Key Objectives and Infrastructure Development

  • Reduce logistics costs from 14-15% to 9-10% of the state's GDP
  • Decrease time required for logistics operations
  • Reduce carbon emissions through green initiatives
  • Develop over 10,000 acres of dedicated logistics infrastructure by 2029

Establish various logistics hubs across the state:

    • International Mega Logistics Hub (2,000 acres, Navi Mumbai-Pune region, ₹1,500 crore budget)
    • National Mega Logistics Hub (1,500 acres, Nagpur-Wardha area, ₹1,500 crore budget)
    • Five State Logistics Hubs (500 acres each, ₹2,500 crore total budget)
    • Five Regional Logistics Hubs (300 acres each, ₹1,500 crore total budget)
    • 25 District Logistics Nodes

Technological Integration and Sustainability

  • Incorporate advanced technologies such as blockchain, artificial intelligence, and IoT
  • Implement intelligent logistics management systems
  • Promote green logistics parks and sustainable design
  • Encourage the use of multimodal transport to reduce carbon footprint
  • Provide incentives for high-tech logistics adoption, including robotics and drone technology

Incentives and Support for Logistics Development

  • Financial incentives for the first 100 logistics parks in each district
  • Interest subsidies to reduce loan costs
  • Stamp duty exemptions to lower property transaction expenses
  • Technology improvement support
  • Electricity provided at industrial rates
  • Ease of business facilitation measures

Special provisions for urban areas:

    • Designation of 'Multi-Storey Logistics Parks' in space-constrained cities
    • Minimum 20,000 square feet built-up area and ₹5 crore investment required

More Related Articles

Gujarat Border Blackout 2025

A Gujarat border blackout 2025 was imposed for more than 7 hours over numerous Gujarat border districts due to escalating India-Pakistan border tensions. The Kutch and Banaskantha districts, whic

Haryana's New Excise Policy 2025

The Haryana Cabinet, under the leadership of Chief Minister Nayab Singh Saini, has rolled out a comprehensive overhaul of the state’s liquor regulation framework through Haryana's new exci

Tax Rationalization & Policy Reform

Tax rationalization has been a hot topic in India’s economic and fiscal policy discussions, especially when it comes to excise duties and GST tax structure.  This issue is crucial fo

PM Modi’s Vizhinjam Port Launch

On a significant day for India’s maritime industry, Prime Minister Narendra Modi officially launched the Vizhinjam International Seaport in Thiruvananthapuram, Kerala. PM Modi's Vizhinj

NCRTC High-Speed Rail Test

A key turning point in India's aim to transform regional rail connectivity is the NCRTC high-speed train test. Aimed at lowering travel time and thereby promoting regional economic growth, th

Maharashtra Shipbuilding Policy 2025

The Maharashtra Shipbuilding Policy 2025 is a major current affairs topic that SSC aspirants must keep an eye on. The Maharashtra government approved this forward-thinking program in April 2

OPD Registration Outsourcing in Delhi

The Delhi Cabinet just recently put in place three major changes that are meant to improve public health care. It is expected that these steps will have a big effect on improving the overall healthc

PM Modi’s Infrastructure Push in Bihar

The recent visit of Prime Minister Narendra Modi to Bihar represents a watershed moment in the state’s history of economic and infrastructure development. The ₹13,480 crore investment u

Understanding Karnataka Reservation Law

In a significant development, the Karnataka High Court has ruled that a single community cannot be placed under two different reservation categories for education and employment. This landmark ve

Delhi villages housing scheme 2025

The Delhi Villages Housing Scheme 2025 was introduced with big promises — modern housing, infrastructure, and a better standard of living for villagers on the city’s outskirts. But nea

Toppers

anil kumar
Akshay kuamr
geeta kumari
shubham