Which of the following ministry has unveiled ‘Logistics Ease Across Different States (LEADS) 2024’ Report?
Show answer & explanation
Correct answer: A
Explanation
Correct Answer:
Ministry of Commerce & Industry
Explanation:
The 'Logistics Ease Across Different States (LEADS) 2024' report was unveiled by the Union Ministry of Commerce and Industry (specifically through the Department for Promotion of Industry and Internal Trade - DPIIT). This marks the sixth edition of the LEADS report, which evaluates the logistics performance, infrastructure, services, and regulatory environment across various states and union territories in India. The report aims to foster competitive federalism among states and improve national supply chain efficiency.
Additional Points:
The LEADS 2024 report categorizes states and union territories into 'Achievers', 'Fast Movers', and 'Aspirers' based on their performance across designated pillars. Notably, 'Sustainable Logistics' was introduced as a new evaluation pillar in this 2024 edition.
Important Questions and Answers:
Question: In which year was the LEADS index initially conceived and launched?
Answer: In the year 2018 (modeled on the World Bank's Logistics Performance Index).
Question: Which ministry oversees the compilation and release of the LEADS report?
Answer: Ministry of Commerce & Industry.