Back to Career News

Logistics Sector to Get a Boost as it Receives Infra Status

November 23, 2017

Logistics Sector to Get a Boost as it Receives Infra Status

The logistics sector has been given infrastructure status by the government, which means that now it will be able to receive loans on flexible terms, promote manufacturing across the nation and improve the economy.

Compared to the developed countries in the world, logistics costs are quite high in India. So, development of the same in the country will lead to increased local and international demand, which will, in turn, promote job creation, the government said.

Important Links:
Tags:
Finance

Recommended for you ...

Bombay High Court Rules Against Public Sector Banks' Authority to Issue Look Out Circulars
Bombay High Court Rules Against Public Sector Banks' Authority to Issue Look Out Circulars

April 24, 2024

U.S. Regulators Investigate Banks Over Whistleblower Rights
U.S. Regulators Investigate Banks Over Whistleblower Rights

April 24, 2024

India Leads Call for Reforms in Global Development Banks, Collaborates with UN and BRICS
India Leads Call for Reforms in Global Development Banks, Collaborates with UN and BRICS

April 24, 2024

Chat on WhatsApp