Evolution of logistics sector in India
Logistics is not only the transportation of goods from one place to another, but it is also the management of the smooth transportation of things from starting point to a destination to fulfill customer’s requirements. The logistics sector in India includes packaging, storing, handling, and transportation. Logistics sector alone contributing around 14.4% in the Indian economy, which is very huge and is expected to grow at a Compound Annual Growth Rate (CAGR) of 15–20 percent between FY 2016–2020.
Below are some of the main government’s initiatives that have come up with key players in evolution of logistics sector in India.
E Way bill leads to evolve logistics sector
E way bill is electronics way documents required to carried by a person carrying a consignment of goods worth more than Rs. 50,000 (Single Invoice/delivery challan). These bills can be directly generated from the E way Site.
The E way bill can be issued by registered suppliers/receivers that are transporting goods to different states. Every e way bill has the validity which depends upon the distance the goods are to be transported. For every 100 Kms. movement, one-day validity is provided and it can be extended before 4 hours of expiry of validity.
It helps in the elimination of state boundary check-posts and physical paperwork across the inter-state border which helps in faster movement of vehicles, reduction of the turnaround time of vehicles and an increase in average distance traveled. This factor boosts the logistics sector by reducing the documentation and faster movement of vehicles and is considered as good initiatives by government of India in evolution of logistics sector.
AIS 140 contribution in evolution of logistics sector
Automotive Industry Standard 140 (AIS 140) is a set of standards published by the Automotive Research Association of India (ARAI) designed to build an Intelligent Transportation System (ITS). ITS is an advanced application which aims to provide innovative services relating to different modes of transport and traffic management and enable users to be better informed and make safer, more coordinated, and smarter use of transport networks. According to government guidelines, every public transport must have AIS 140 certified GPS tracking device and Panic/SOS button. This will help in tracking vehicles easily and providing assistance in case of any mishap happens.
Learn more about AIS 140 here.
Parivahan Portal
Every state has different policies and procedures across our country for the basic documents related to vehicles like Registration certificate (RC) and Driving Licence (DL). So, the government has felt the need to define the same standard for these documents on pan-India to ensure correctness, interoperability and timely SMS availability of information. Hence, Ministry chooses National Informatics Centre (NIC) to standardize and deploy two software — VAHAN for vehicle registration and SARATHI for driving licence and their data is consolidated through Nation and State level and these softwares are implemented across 1000 plus RTOs of the country.
Services offered in VAHAN are vehicle registration, fitness, permit, and taxes. SARATHI offered services like E-payment gateway, Common Service Center (CSC) and State Service Delivery Gateway (SSDG). These initiatives of digitizing all the paperwork helps in the evolution of logistics sector.
All of these services offered in one mobile app mParivahan where you will be able to easily search any document related to RC, DL and any other vehicle related information as shown below also there is alert as a sms service regarding the same
This article first appeared on the Fleetx blog, Read the complete blog at https://www.fleetx.io/blog-evolution-of-logistics-sector/
Originally published at https://www.fleetx.io on July 8, 2019.
