(12 Sep 2025, 14:41)

Logistic cost will come down to single digit by year end

Nitin Gadkari, Union Minister of Road Transport & Highways

As world’s 3rd largest automobile industry, India needs to focus on providing comfortable public transportation. We will maintain global alignment on BS7 and CAFE norms to address air pollution issues. In addition, moving to bio fuels helps in reducing India’s crude imports and enhances farmer incomes. More than 3 lakh vehicles have been scrapped following the implementation of the scrappage policy, benefiting industry, government, and environment. Logistic cost will come down to single digit by year end. Road safety remains crucial. Therefore, public campaigns and NGO engagement is essential to improve human behaviour to prevent accidents. For those aiding road accident victims, Rs. 25,000 will be awarded to ‘Rah-Veers’ in addition to providing insurance up to 1.5 Lacs to accident victims.

More News

(04-Nov-2025 15:36)
Specialty steel incentive scheme to mark new phase in high-grade steel production
(03-Oct-2025 11:00)
RBI will continue to support growth with timely measures, including a potential cut in repo rate in the next policy statement
(18-Sep-2025 11:37)
Fed rate cut expected to positively impact India as RBI may align with this policy to stimulate economic growth
(16-Sep-2025 11:38)
We anticipate a further decline in CPI inflation, aided by the GST 2.0 reforms package

Tweets by CapitalMarket17

Expert Talk News

Logistic cost will come down to single digit by year end