Targets

The targets of the NLP are to:

(i) Reduce cost of logistics in India;
(ii) improve the Logistics Performance Index ranking –
endeavor is to be among top 25 countries by 2030,
(iii) create data driven decision support mechanism for an
efficient logistics ecosystem.
The aim of the National Logistics Policy is to
reduce the cost of logistics from its current 14%
of GDP to less than 10% by 2023 despite the
highly shattered nature of India's logistics
industry.
India’s logistics performance has seen remarkable
improvements, as indicated by its rank in the Logistics
Performance Index (LPI) Report by the World Bank.

India's LPI Rank:

-Ranked 38th out of 139 countries in 2023.

-Improved by 16 places from 54th in 2014.

-Up by 6 places from 44th in 2018.

LPI parameters

Customs,
Infrastructure,
Ease of arranging shipments,
Quality of logistics services,
Tracking and Tracing,
Timeliness
Introduced by the Ministry of Commerce and Industry
(MoCI) in 2018, is a Government of India initiative
designed to assess and enhance the logistics ecosystem
across States and Union Territories (UTs).

Purpose: LEADS aims to evaluate logistics

performance, guiding States and UTs in policy-making
and decision-taking to improve their logistics
ecosystems.

The evaluation encompasses three critical dimensions:

infrastructure, services, and the operating and regulatory
environment, using both perception-based and objective
indicators.
Findings:
Achievers: 13 states/UTs including Andhra Pradesh,
Karnataka, Tamil Nadu, recognized for efficient logistics.

Fast Movers: Kerala, Maharashtra, Madhya Pradesh,

showing significant logistics improvement.

Aspirers: Goa, Odisha, West Bengal, with potential for

logistics growth.
Initiative by the Ministry of Commerce &
Industry of India
Create a transparent, single-window platform with real-time
information for all stakeholders.

Offer multi-modal transport visibility and integrate existing

systems for a seamless experience.

Provide real-time cargo movement monitoring with secure data

encryption.

Key components:
-Integrating data from various government ministries.
-Enabling data exchange with private logistics players.
-Implementing a unified document reference system for the
supply chain.
Macro-vulnerability Index

The Macro-vulnerability Index is a tool designed to assess the

vulnerability of economies to external shocks and stresses.

Macroeconomic Vulnerability Index adds together the rate of

inflation, current account deficit and fiscal deficit of a country.

The Index value can be compared across countries for

different time periods to gauge their relative vulnerability
The investment rate, defined as the ratio of Nominal
Gross Fixed Capital Formation (GFCF) over Nominal
Gross Domestic Product (GDP), is a crucial economic
indicator that measures the portion of a country's total
economic output that is being invested in fixed assets
rather than being consumed.
 Gross Fixed Capital Formation (GFCF) refers to the total
amount of investment made in the production of physical
assets, such as buildings, machinery, equipment, and
infrastructure, within a country during a specific period.

GDP: Gross Domestic Product is the total monetary or market

value of all the finished goods and services produced within a
country's borders in a specific time period. It is a broad
measure of overall domestic production and a key indicator of
a country's economic health.

Nominal GDP: When we say "Nominal GDP," we're talking

about the GDP calculated at current market prices, thereby
including the effects of inflation or deflation within the
reporting period.
Incremental Capital Output Ratio (ICOR) depicts productivity or
efficiency of investments
ICOR stands for Incremental Capital-Output Ratio. It is an
economic tool used to estimate the capital needed to increase one
unit of output. In other words, ICOR indicates how much
additional investment is necessary for generating an additional
unit of production.
⑭ ↳

I COR I
>
-
Capital
M
* OutputO *

A
or
Annual Investment
Annual GDP Growth

It shows the amount

of capital investment
.
required to increase
output by one unit

Lower ICORE
Higher efficiency
If an economy has an ICOR of 4, it means that to
produce one extra unit of output, four units of
capital are needed.
The current ICOR in India stands at 3.5 (as of FY22), however,
this was 7.5 in FY12, that is, only half of capital is now needed
for the next unit of output.
International Investment Position (IIP)

Nature: The IIP is akin to a financial balance sheet for a

country, capturing the stock of its external financial assets and
liabilities at a specific point in time.

Contents: It includes investments abroad (assets) and

investments in the country by non-residents (liabilities).

Purpose: The IIP measures the financial openness of a country,

indicating the level of international financial integration and
exposure.

Net IIP (NIIP): Represents the "net worth" of a country in

international terms, calculated as the difference between
external financial assets and liabilities.
Creditworthiness: A lower negative NIIP to GDP ratio can
be seen as a sign of improving creditworthiness.
Female

LFPR
● Labour Force Participation Rate (LFPR): LFPR is defined as
the percentage of persons in the labour force (i.e. working or
seeking or available for work) in the population.
Labour Force Participation Rate (LFPR): LFPR is defined as
the percentage of persons in the labour force (i.e. working or
seeking or available for work) in the population.

WPR (Worker Population Ratio): This is the percentage of

the population that is employed.

UR (Unemployment Rate): This is the percentage of the

labor force that is unemployed but available for and seeking
employment.
w
E
-

-
UE
1

-
GUE
·-
↳E
= L

VE
-
LF C
+US
=
Professor Goldin trawled through the archives of about 200 years
of the United States to demonstrate how and why gender
differences in earnings and employment rates have changed over
time
The most significant of her observations was that female
participation in the labour market did not exhibit an upward trend
over the entire period, but rather a U-shaped curve.
Economic growth doesn't automatically lead to more
equality between men and women in the job market.
Various factors affect whether women can and do work,
such as:

-The ability to balance a job with family responsibilities.

-Social expectations about education and childcare.
-New technologies that might change the types of jobs
available.
-Legal rules and social customs.
-Changes in the types of industries that dominate the
economy.
The participation of married women decreased with the transition
from an agrarian to an industrialised society in the early nineteenth
century. It started to increase again with the growth of the services
sector in the early nineteenth century.
The beginning of the twentieth century marked the upward
trajectory for female participation in the labour force. According to
Professor Goldin, technological progress, the growth of the
service sector and increased levels of education brought an
increasing demand for more labour.
AGNIPATH
15 Days Prelims 2024
Challenge Program
Features
Covers :
1. Environment
2. Science & Tech
3. IR & Mapping
} 47 Questions
from These
Topic

Videos + Notes + Test

Static + 2 Year Current
More than 5 Sources Covered
DR.SUDARSHAN LODHA
Targeted & Disciplined Approach
(AIR-571)
Monitoring & Personal Mentorship

Why Agnipath
Total 47 %
UPSC Weightage :
1. Environment (18+)
Sci &Tech
2. Science & Tech (12+)
12+
3. IR & Mapping (17+)
Environment
Mapping & IR
Dynamic : Constant updates, Clear 18+
17+
understanding of evolving concepts.
Interlinked Approach : Blend current affairs
with static knowledge. UPSC Prelims
Lack of Standard Material : Reliance on
diverse resources.
Time-Intensive : Depth and breadth demand
significant prep time.

Underappreciated : High scoring potential if mastered.

Only 100
Enroll @targetupsc.in 2999/- Students Talk to Sir - 8830115524
 AGNIPATH SCHEDULE

Enroll @targetupsc.in | 8830115524

 Enroll From
Here

targetupsc.in

Website

Enroll @targetupsc.in | 8830115524

Student
Notes
Follow this Notes
 Enroll From
Here

targetupsc.in

Website

Enroll @targetupsc.in | 8830115524