Logistic Ease Across Different States (LEADS) Report 2023 was released by Commerce and Industry Minister Piyush Goyal on Saturday. All in all this report has ranked states based on their logistics ecosystem. It is the fifth LEADS report.
What is Logistic Ease Across Different States (LEADS)
Logistic Ease Across Different States (LEADS) in India is a helpful index. Indian government launched LEADS an indigenous data-driven index. Above all, it is to assess the logistics performance of all states and Union Territories (UTs).
LEADS is a valuable tool for driving improvements in the Indian logistics sector. As a result, by focusing on infrastructure, regulation, technology, and skill development, India can achieve a more efficient and competitive logistics system.
The goal of Logistic Ease Across Different States (LEADS) in India
Its goal is to boost operational efficiency and make India a leading global logistics hub. Moreover, the index aims to focus on improving logistics performance in states, which is essential to improve the country’s trade and reduce transaction costs.
The index evaluates states based on five key parameters. These parameters are as follows:-
- Infrastructure (roads, railways, ports, warehouses)
- Services (truck availability, freight rates, warehousing quality)
- Regulatory environment (customs clearance ease, permit timelines)
- Technology adoption (digital freight platforms, real-time tracking)
- Human resources (availability of skilled workforce)
How Logistic Ease Across Different States (LEADS) is measured
Each state is assessed on a 100-point scale based on the above-mentioned parameters. States are then categorized into three tiers:
1 Achievers: Scoring above 80 points.
2 Fast Movers: Scoring between 60 and 80 points.
3 Aspirers: Scoring below 60 points.
The LEADS index is updated annually. Moreover, it allows states to track their progress and identify areas for improvement.
LEADS performance and ranking
Piyush Goyal released the latest LEADS report on the 16th of December 2023 by Piyush Goyal. Andhra Pradesh, Gujarat, Karnataka, and Tamil Nadu continue to be categorized as Achievers. Moreover, Kerala, Maharashtra, Madhya Pradesh, Rajasthan, and Uttarakhand are categorized as Fast Movers. Several other states are also improving and moving towards the “Achiever” category.
According to a report released on Saturday by the Ministry of Commerce and Industry 13 states and union territories have been classified as achievers in the Logistics Index Chart 2023. Moreover, the index indicates the efficiency of logistics services required to promote exports and economic growth.
The fifth LEADS (Logistics Ease in Various States) 2023 report released by Commerce and Industry Minister Piyush Goyal ranks states based on their logistics ecosystem. Moreover, Piyush Goyal highlighted logistics-related challenges faced by states and others.
Since 2018, the Department for Promotion of Industry and Internal Trade (DPIIT) has been conducting a study called “Logistics Ease Across Different States”. Additionally, this study is aimed at identifying and resolving logistics inefficiencies that hinder trade facilitation across supply chains at a sub-national level.
In September 2022, the Prime Minister of India announced the launch of the National Logistics Policy (NLP), which serves as a comprehensive framework for States and Union Territories (UTs) to develop their own logistics policies. Moreover, the NLP aims to streamline and optimize the logistics sector of India by providing guidelines for the development of infrastructure, technology, and regulations. As of now, 19 States and UTs have already notified their logistics policies based on the NLP.
India has jumped 6 places to rank 38 out of 139 countries in the World Bank’s logistics ranking, a source of great pride. Under the leadership of Prime Minister Narendra Modi, India has taken numerous initiatives since 2015 to improve its logistics efficiency.