{"id":23914,"date":"2022-10-04T19:35:36","date_gmt":"2022-10-04T14:05:36","guid":{"rendered":"https:\/\/www.instamojo.com\/blog\/?p=23914"},"modified":"2023-05-23T11:51:39","modified_gmt":"2023-05-23T06:21:39","slug":"national-logistics-policy","status":"publish","type":"post","link":"https:\/\/www.instamojo.com\/blog\/national-logistics-policy\/","title":{"rendered":"The National Logistics Policy will reduce logistics expenses significantly"},"content":{"rendered":"

With yet another policy, the government has made it clear that the future of India\u2019s economy depends largely on the growth of eCommerce.<\/p>\n

The newly launched National Logistics Policy (NLP) is aimed to significantly bring down the cost of logistics for business owners, especially in the eCommerce sector. This move is part of a larger aim of growing India\u2019s economy exponentially in the next decade.<\/p>\n

What is NLP?<\/strong><\/h2>\n

Poor logistics and supply chain management are one of the major causes of eCommerce business failure. The government identified this challenge and brought in a new policy to build a resilient ecosystem, called National Logistics Policy (NLP)<\/strong>. It aims to increase efficiency and decrease logistics expenses with the help of technology and better infrastructure.<\/p>\n

In the release event of NLP, the prime minister stated that this new policy will bring down the cost of logistics from from 13 to 14% to single digits. Under the mega policy vision, two new platforms were also released \u2014 the Unified Logistics Interface Platform (ULIP)<\/strong> and ease of Logistics (e-log)<\/strong>.<\/p>\n

How does NLP benefit online businesses?<\/strong><\/h2>\n

An efficient logistics system means lower cost, thus bringing down a significant expense of eCommerce businesses. You will be able to reduce shipping charges which can also lead to a potential increase in sales (low shipping costs are a deciding factor when it comes to online shopping).<\/p>\n

One of the functions of the ULIP is to bring more visibility and transparency in logistics sector. It\u2019s a UPI-like platform that will bring all the digital services related to the transportation sector into a single portal. You no longer have to go through very long cumbersome processes to get your logistics requirement sorted.<\/p>\n

The e-logs platform will enable industry associations to take up matters that are affecting logistics performance to government agencies. The government claims that a complete solution is in place for the speedy resolution of such cases.<\/p>\n

Related Read: Ecommerce shipping: your complete guide<\/a><\/p><\/blockquote>\n

Managing shipping becomes so much easier with your own eCommerce website<\/a>. If you don’t have one already, create your store on Instamojo today!<\/p>\n

\n

Start your eCommerce website<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"With yet another policy, the government has made it clear that the future of India\u2019s economy depends largely…\n","protected":false},"author":60,"featured_media":23915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[4777,4982,5126,4980,3060,5776,5122],"yoast_head":"\nThe National Logistics Policy will reduce logistics expenses significantly - Blog Instamojo<\/title>\n<meta name=\"description\" content=\"Read about the latest in eCommerce a policy by the government aimed to significantly bring down the cost of logistics for business owners.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.instamojo.com\/blog\/national-logistics-policy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The National Logistics Policy will reduce logistics expenses significantly - 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