Parliamentary panel calls for a regulator in Container Logistics space

Posted by Daily Shipping Times on 22-03-2017        Tweet

NEW DELHI: The Department-related Parliamentary Standing Committee on Shipping Ministry has called for a high powered Inter-Ministerial group to take policy decisions on internal trade and a high-powered regulator for managing the entire area of Container Logistics.

The committee stated in the report, “The entire container trade is being controlled by overseas MNCs resulting in high operational costs to India internal trade.”

The committee observes that transportation in a subcontinent like India has to be essentially based on multimodal system.

The committee recommends that a high powered Inter-Ministerial group may be constituted to take policy decisions on internal trade and a high powered regulator for managing the entire area of logistics of container.”