Syllabus Section: Economy (GS Paper III)

Importance: UPSC Prelims

Why in News?

Recently Commerce & Industry Ministry, has released The Logistics Ease Across Different States (LEADS) 2021 Index Rankings.

Key Points:

• India’s logistics costs account for 13-14 per cent of GDP, compared to 7-8 per cent in developed countries.
• Gujarat has once again topped the Logistics Ease Across Different States (LEADS) 2021 index.
• Haryana, Punjab, Tamil Nadu and Maharashtra occupying the second, third, fourth and fifth positions, respectively.
• West Bengal, Rajasthan, Madhya Pradesh, Goa, Bihar, Himachal Pradesh and Assam were ranked 15th, 16th, 17th, 18th, 19th, 20th and 21st respectively.
• North Eastern States, and J&K and Ladakh have been considered a separate group for LEADS rankings.

About LEADS

• The LEADS index was launched in 2018 by the Commerce and Industry Ministry and Deloitte.
• It ranks states on the score of their logistics services and efficiency that are indicative of economic growth.
• States are ranked based on quality and capacity of key infrastructure such as road, rail and warehousing as well as on operational ease of logistics.

Source: Business Line