Which of the following statements with regard to National Logistics Po

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Which of the following statements with regard to National Logistics Policy (NLP) is NOT correct ?

NLP was launched in 2022
NLP would improve the competitiveness of Indian goods
NLP would enhance economic growth and increase employment opportunities
NLP would provide an opportunity for deleveraging balance sheets and providing fiscal space for investment in new infrastructure assets
This question was previously asked in
UPSC CAPF – 2024
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Statement D is NOT correct. The National Logistics Policy (NLP), launched in 2022, aims to reduce logistics costs, improve efficiency, enhance competitiveness, and boost economic growth and employment by creating a digitally integrated and efficient logistics ecosystem. Statements A, B, and C accurately reflect these aims and the launch year. Statement D, which talks about deleveraging balance sheets and providing fiscal space for new infrastructure investment, is not a direct stated objective of the NLP itself. While improved logistics might indirectly support investment and economic health, the primary focus of the policy is on the logistics sector’s performance, not government fiscal maneuvers like deleveraging or creating fiscal space through the policy’s mechanisms.
The National Logistics Policy (NLP) 2022 is focused on bringing down logistics costs, which are currently high in India compared to global benchmarks, to improve India’s trade competitiveness and economic efficiency.
The NLP is supported by initiatives like the Unified Logistics Interface Platform (ULIP) for digital integration and the Gati Shakti National Master Plan for coordinated infrastructure development, working towards building a seamless and multi-modal logistics network.

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