(a) the present status of progressachieved towards implementation of theLogistic Data Bank project, port-wise;
(b) the objectives of the said projectalong with the extent to which it is likely tohelp in Ease of Doing Business;
(c) the time-frame set for completion ofthe said project, port-wise; and
(d) the extent to which it is likely tohelp in reducing the overall lead time of thecontainer movement across the westerncorridor and minimise the transaction costof shippers and consignees?
MINISTER OF STATE IN THE MINISTRY OF SHIPPING
(SHRI PON. RADHAKRISHNAN)
(a)to(d):Commercial Operation of Logistics Data Bank (LDB) Project has been operationalized at JNPT w.e.f. 01.07.2016 on a pilot basis. The logistics Data Bank Service would bring efficiency in the current Logistics & Supply Chain environment through use of information technology that would be helpful for tracking and viewing the movement of containers across the port.
This will provide visibility and transparency in EXIM containers movement and will help in reducing overall lead time of the container movement across the western corridor and lower the transaction cost incurred by the shippers and consignees as a result of predictability and optimization achieved through Logistics Data Bank (LDB) services.
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