Ease of Logistics Portal- Key Facts

The Union Minister of Commerce & Industry, Piyush Goyal, launched “Ease of Logistic Portal” on September 27, 2021.

Key Points

• While launching the portal, the minister noted that the ‘Rules of Business’ have to be the same for all stakeholders.
• Portal was launched during ‘Vanijya Saptah Samapan Samaroh’, which was organised by the Federation of Indian Export Organisations (FIEO).
• While addressing the event, the minister noted that government would be providing everybody an equal opportunity to their businesses, irrespective of whether they are big or small business houses or where they are from or other such differentiating factor.
• Ease of Logistics portal was launched to bring in transparency.

Federation of Indian Export Organisations (FIEO)

FIEO is the apex trade promotion organisation, set up by the Ministry of Commerce in 1965. It is responsible for representing and assisting Indian entrepreneurs and exporters across the foreign markets. FIEO is the premier body comprising of export promotion councils, export development authorities and commodity boards in India. It provides a crucial interface between international trading community of India and the central & state governments, ports, railways, financial institutions, surface transport etc in export trade facilitation.

Ease of Logistics Portal

It is a trade facilitation portal, developed by FIEO. It was launched in order to bring exporters and logistics service providers (LSPs) on a single platform. On this portal, exporters can post details of their container requirements to the service providers directly in order to provide their best quotes.

Month: Current Affairs - September, 2021