Budget 2025 for Logistics Sector
What's in store for the Logistics Sector from the upcoming full Budget on February 1. Set to be a 'Pocket Booster' budget with focus on giving consumption a leg-up along with pushing capex Read More.., it is set to benefit a host of sectors. Keep a track on all the expectations, final announcements and in depth analysis of the Budget decision only on Financial Express. We offer you a detailed list of expectation and announcements for Logistics Sector on its dedicated page Who Gets What. Navigate through all the declarations at a glance from the current and past Union Budgets on this page.
Budget 2024-26 Announcements for Logistics Sector
Logistics Sector
- Development of Vishakhapatnam – Chennai, Hyderabad – Bengaluru industrial corridors
- Support development of industrial node at Gaya in Amritsar Kolkata industrial corridor
- Patna-Purnea Expressway, Buxar-Bhagalpur Expressway, Bodhgaya, Rajgir, Vaishali and Darbhanga to spur development.
- Additional 2-lane bridge over river Ganga at Buxar
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Budget Announcements for Logistics Sector in FY2024
Logistics Sector
- Union Budget 2023 announced an increase in the capital investment outlay by 33%
- It also notified the aim of improving efficiency and reducing costs.
Budget Announcements for Logistics Sector in FY2023
Logistics Sector
- Plans unveiled for 25,000 km of new highways, Gati Shakti Masterplan focusing on expressways, establishment of 100 new cargo terminals with multi-modal logistic parks, and initiatives linking urban transport to railways, aiming to significantly elevate new warehousing and logistics facilities nationwide.
Budget Announcements for Logistics Sector in FY2022
Logistics Sector
- Union Budget 2021-22 notified an increase in infrastructure spending with a focus on economic corridors, improved road, and railway infrastructure, and a push towards digitalisation.
Budget Announcements for Logistics Sector in FY2021
Logistics Sector
- The announcement of a National Logistics Policy was notified.
- A single-window e-logistics market with focus on generation of employment, and skills and making MSMEs competitive was also declared under the policy.
Budget Announcements for Logistics Sector in FY2020
Logistics Sector
- The Minister announced the implementation of complete digitalization for export/import transactions by Indian Customs.
- They mentioned the utilization of RFID technology to enhance export logistics.
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