Logistics cost will be below 9% of GDP by April next year, says Gadkari

Q: How long will it take to read this news story?

The story "Logistics cost will be below 9% of GDP by April next year, says Gadkari" has 320 words across 13 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Logistics cost will be below 9% of GDP by April next year, says Gadkari" was covered 4 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 339 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21987027</li><li>URL: https://beamstart.com/news/logistics-cost-will-be-below-17231289388260</li></ul>

Business Standard Logo Business Standard 4h ago

Logistics cost will be below 9% of GDP by April next year, says Gadkari - Business Standard

Quick Summary:

India's logistics cost will come down to 9 per cent of GDP by April next year, Union Minister Nitin Gadkari said on Thursday.

However, according to quick estimates of economic think tank National Council of Applied Economic Research (NCAER), the logistics cost in India ranged from 7.8 per cent to 8.9 per cent of GDP in 2021-22.

Addressing an event here, Gadkari further said the country's exports will also increase when the logistics cost comes down to single digit.