FASTag slashes average waiting time by 93% to 47 seconds: India to World Bank
At a meeting with World Bank officials this week, the government said it plans to add 30,000 km of additional railway tracks by FY31, increase port capacity to 2,200 mtpa by 2030 from 1,617 mtpa last year, and expand the national highways network ...

At a meeting with World Bank officials this week, the government said it plans to add 30,000 km of additional railway tracks by FY31, increase port capacity to 2,200 mtpa by 2030 from 1,617 mtpa last year, and expand the national highways network to 185,000 km by 2030, of which 75,000 km would be four-lane and above.
The meeting was led by the Department for Promotion of Industry and Internal Trade as part of India's aim to break into the top 25 countries in the World Bank Logistics Performance Index (LPI).
"We have showcased initiatives in logistics and infra sectors to the World Bank team, and also next-gen reforms in areas such as rail, road, multimodal shifts, EXIM, customs, green logistics," said Sumita Dawra, special secretary (logistics), DPIIT.

Dawra said interventions of integrated logistics parks, digitised systems for freight data analytics, streamlining and simplification of processes, track and trace, etc, which are being implemented with greater speed, efficiency and scale, were also discussed with the World Bank.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.