New Delhi, Jan 04, 2025, Special Correspondent/ TT

New Delhi, Jan 04: Tripura and four other states in the north eastern region have been categorised as "fast movers" in the logistics index chart 2024, according to a report released by the Commerce and Industry Ministry on Friday.

Meghalaya, Mizoram, Nagaland and Sikkim are the other NE states in this category.

The index is an indicator of the efficiency of logistical services necessary for promoting exports and economic growth.

Assam and Arunachal Pradesh are, however, among the 13 states and Union Territories that have been categorised as "achievers" in the chart, which also includes Delhi.

In 2023 also, 13 states and UTs figured in the achievers category.

Those in the "aspirers" category include West Bengal and Andaman and Nicobar Islands.

The report ranks states on the basis of four key pillars -- Logistics Infrastructure, Logistics Services, Operating and Regulatory Environment, and the newly introduced Sustainable Logistics, according to the sixth LEADS (Logistics Ease Across Different States) 2024 report unveiled by Commerce and Industry Minister Piyush Goyal.

The index aims at enhancing focus on improving logistics performance across states, which is essential for improving the country's trade and reducing transaction costs.

LEADS was conceived on the lines of the Logistics Performance Index (LPI) of the World Bank in 2018. While the LPI relies entirely on perception-based surveys, LEADS incorporates perception and objectivity, thereby enhancing the robustness and comprehensiveness of this exercise.

The report assesses states' performance across the key pillars of Logistics Infrastructure, Logistics Services and Operating and Regulatory Environment, and empowers the state/UT governments by providing region-specific insights for informed decision-making and comprehensive growth.