DFI Bill will be groundbreaking, will revolutionise infra greekherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greekherald.com Daily Mail and Mail on Sunday newspapers.
Tackling Supply Chain Vulnerabilities Comes With Challenges
The pandemic and border closures have highlighted the need to bolster vulnerable supply chains to ensure that important needs are met and that business and daily activities aren’t disrupted. But there are a variety of challenges to overcome internationally as well as at home at the federal and provincial government levels and with private industry.
Supply chains came under the spotlight when Canada faced shortages of personal protective equipment (PPE) and other medical supplies at the start of the pandemic.
Geoffrey Hale, political science professor at the University of Lethbridge, says the issue deserves a long look but there are significant impediments to shoring up vulnerable supply chains, which result “partly [from] governing styles and partly from structural issues of fiscal and bureaucratic inertia.”
Centre to form high-level panel to monitor plan for multi-modal connectivity
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Through the plan, the commerce and industry ministry would map all existing and proposed economic zones along with the multi-modal connectivity infrastructure projects on a single platform.
The initiatives are part of the government’s plan to reduce India’s logistics costs by 5% over the next five years and help it break into top 25 countries in major global logistics-related performance indices.
The government will soon set up a high-level panel to fast-track implemention of a National Master Plan that seeks to provide multi-modal connectivity across the country to reduce logistics cost in a time-bound manner and improve competitiveness of local manufacturing.
Logistics services to make up 5%-6% of GDP by 2025 vov.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vov.vn Daily Mail and Mail on Sunday newspapers.
Vietnam is planning to raise the contribution of logistics services to its gross domestic product (GDP) to 5-6 percent by 2025, according to a recent decision signed by the Prime Minister.