Given the above, the Economic Advisory Council to the Prime Minister (EAC-PM) constituted a Logistics Development Committee under the Chairmanship of Bibek Debroy, Chairman EAC-PM. The committee was tasked to assess key challenges in logistics development and associated commerce and has submitted a broad reformative framework in its report on 21 December 2018. Other members of the committee included Secretaries and heads of the concerned departments/ministries such as Revenue, Commerce, Logistics, DIPP, Civil Aviation, Shipping, Road Transport & Highways, Railways, Central Board of Indirect Taxes and Customs (CBIC) etc. The Committee also included Dr. Jayanta Roy, a well-known trade policy expert specializing in Trade and Logistics Facilitation.
The Committee conducted several rounds of deliberations with various stakeholders that included senior officials from the Union and State governments, industry associations, trade and logistics sector representatives etc. Based on their review and assessments, the committee prepared a comprehensive logistics and trade facilitation reform agenda.
Reforms agenda for Logistics Sector comprises of a number of specific policy actions covering the entire logistics value chain are:
(i) designed to fundamentally re-engineer the existing business processes of the government;
(ii) intended to facilitate an integrated “whole of the trade value chain” approach in; and
(iii) proposes a new institutional framework to leverage co-operation from all stakeholders towards a common shared goal of transforming this space.