Vijay Kumar, Chief Operating Officer, Express Industry Council of India (EICI), talks about the key impediments of e-waybill for the express delivery service sector.
The express delivery industry is very optimistic that with roll out of Goods and Services Tax (GST), the overall cycle time would reduce and the considerable logistics costs in the Indian economy would come down. However, the transportation industry and express industry and its users in particular are very concerned on the government’s proposal mooted for movement of goods with requirement of e-waybills. This would potentially negate the savings hoped for, and in fact would lead to increase in logistics costs and delays. At a time when India’s Logistics Performance Index (LPI) ranking has started looking up, it improved 19 places in 2016, the introduction of e-waybill as proposed has potential to seriously erode our LPI rankings.
Reinforcements
This story is from the August 2017 edition of Cargo Talk.
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This story is from the August 2017 edition of Cargo Talk.
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