No healing touch for logistics in budget after demonetisation

However, plans to improve 'Lifeline' will offer better future for logistics sector, says Areef Patel

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Areef Patel, VC, Patel Integrated Logistics

Areef Patel

Last Updated : Feb 07 2017 | 12:30 PM IST

“Railways, roads and rivers are the lifeline of our country”. This was one of those remarks by Finance Minister Arun Jaitley that elicited high applauds from the Parliamentarians during his budget speech. And he went on to hike crucially the outlay for the lifeline sector. But, he yet again, failed to give its due share of acknowledgement to the logistics sector that makes this very ‘lifeline’ flow vigorously and thrive.

Over the years, logistics sector looked upto the budget for indirect gains, though it accounted for 13-14 percent of GDP. This time around expectations were above the normal for some

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