India ranks 35th in World Bank’s 2016 Logistics Performance Index

Posted on:02 Sep 2016 18:30:57

India ranks 35th in World Bank’s 2016 Logistics Performance Index
02 September 2016 Current Affairs: India has been placed at the 35th rank in the World Bank’s 2016 Logistics Performance Index (LPI) among 160 countries. The index was recently released by World Bank in its report titled ‘Connecting to Complete 2016’.

 India has leapfrogged by 19 spots to 35th rank compared with 54th rank in 2014 LPI.

Logistics Performance Index (LPI) : LPI is released by World Bank as part of its report every two years based on a world-wide survey of stakeholders. It is based on the ground providing feedback on the logistics friendliness of the countries in which they operate and those with which they trade.

 The index measures countries across six components— Customs, infrastructure, international shipments, logistics quality and competence, tracking and tracing, and timeliness. It is an interactive benchmarking tool that helps countries to identify challenges and opportunities in trade logistics and also to improve their performance.

India’s ranking in 2016 LPI : It stood at 38, 36, 39, 32, 33 and 42 in the components of Customs, infrastructure, international shipments, logistics quality and competence, tracking and tracing, and timeliness respectively.


Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs August 2017

21 AUGUST
NEWS
19 AUGUST
NEWS
18 AUGUST
NEWS
17 AUGUST
NEWS

Current Affairs July 2017

31 JULY
NEWS
29 JULY
NEWS
28 JULY
NEWS
27 JULY
NEWS

Current Affairs June 2017

30 JUNE
NEWS
29 JUNE
NEWS
28 JUNE
NEWS
27 JUNE
NEWS