Multi-modal logistic park

Context: Union Minister for Road Transport and Highways lay the foundation stone for the first-ever multi-modal logistic park in Assam.

• The Rs 693.97 crorepark will provide direct connectivity to air, road, rail and waterways to the people. It will be developed under the ambitious BharatmalaPariyojana of the Government of India.

Multi-Modal Logistics Parks (MMLPs)

• They are a key policy initiative of the Government of India to improve the country's logistics sector by lowering overall freight costs, reducing vehicular pollution and congestion, and cutting warehousing costs.
• The government's Ministry of Road Transport and Highways (MoRTH) is developing multi-modal logistics parks at selected locations in the country under its Logistics Efficiency Enhancement Program (LEEP).

Logistics Efficiency Enhancement Program (LEEP)

• It is spearheaded by the MoRTH and the National Highways Authority of India (NHAI)
• It aims to enhance freight transport in India by reducing costs and time, and improving the tracking and traceability of consignments through infrastructural, procedural, and information technology interventions.

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1665855