In the recently released bi-annual Logistics Performance Index (LPI) 2016 of World Bank Group, India ranked 35th among 160 countries. The index was published in the World Bank bi-annual report ‘Connecting to Compete 2016: Trade Logistics in the Global Economy’. For the third time, Germany has topped in LPI.
Top 5 countries in 2016 LPI: Germany (score: 4.23 points), Luxembourg (4.22), Sweden (4.20), Netherlands (4.19) and Singapore (4.14).
In the 2016 report, India has increased its LPI score to 3.42 compared to LPI score of 3.08 in 2014. In 2016 edition of LPI, India has improved its ranking by jumping 19 positions compared to 54th rank in 2014 LPI. Improvement in India’s ranking demonstrates Union Government’s commitment to make it easy to do business in India.
The LPI analyses countries across six components. They are (i) quality of trade and transport infrastructure, (ii) competence and quality of logistics services, (iii) efficiency of customs and border management clearance, (iv) ease of arranging competitively priced shipments, (v) ability to track and trace consignments and (vi) frequency with which shipments reach consignees within scheduled or expected delivery times.
1. International Institutions /Conventions /Groupings /Organisations, 2. Biosphere Reserves, Biodiversity Hotspots & Hope Spots, 3. Important Terms of Ancient & Medieval History, 4. Mnemonics for UPSC, 5. Indices & Reports, 6. Economic Terms, 7. Environment Conventions, Terms, Organizations, 8. Important Constitutional Articles, 9. Wildlife Sanctuaries, Tiger Reserves, National Parks, 10. GI Tags in News (Updated), 11. Places in News, 12. Rivers in News, 13. Buddhism & Jainism, 14. Faunal Species of India, 15. Critical Regions, 16. Tiger Reserves in India (Updated), 17. Ramsar Sites in India (Updated), 18. World Heritage Sites in India, 19. Elephant Corridors /Reserves in India, 20. Government Portals, 21. Government Apps, 22. Know Your State /UTs, 23. Folk Dances, Martial Art Forms, Folk Paintings & Theatre Art Forms of India