Tuesday, August 9, 2016

sunderblogger.blogspot.DigiEdu4all

GST Windfall
Logistics sector could see savings to the tune of $ 200 billion annually on implementation of goods
and services tax (GST), which will ensure faster movement of goods and less idle hours.



Contribution of the logistics sector to GDP = 14%
Annual loss at toll plazas due to delay extra fuel consumption according to survey= Rs. 1 lakh crore
The figure estimated by survey= Rs. 87,000 crore
Distance covered by trucks in India in a day = 280 km
Distance covered by trucks in USA = 800 km
Organized service providers could save – 30% to 50%

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