The ADB-funded SMILE Program (Strengthening Multimodal and Integrated Logistics Ecosystem) is a strategic initiative aimed at revolutionizing India’s logistics sector.
1. Objective:
Enhance India’s logistics efficiency by addressing infrastructural gaps and promoting digital transformation.
Reduce logistics costs and improve supply chain resilience, especially for the manufacturing sector.https://www.iasjnana.com/
2. Key Features:
Multimodal Logistics Development: Focuses on integrating road, rail, air, and waterways for seamless goods movement.
Standardization of Warehousing: Establishes uniform standards for storage facilities to improve supply chain efficiency.
Digitalization: Implements smart systems for real-time tracking, automation, and data analytics.https://www.iasjnana.com/
Low-Emission Solutions: Encourages the use of electric and alternative fuel vehicles for sustainable logistics.
3. Policy Alignment:https://www.iasjnana.com/
Supports the National Logistics Policy and PM Gati Shakti National Master Plan.
Aims to improve India’s ranking in the World Bank’s Logistics Performance Index (LPI).
