Which of the following sector has been granted the infrastructure status recently?
A. Sports Sector
B. Logistics Sector
C. Health Sector
D. None of the above
Answer:B
Which of the following sector has been granted the infrastructure status recently?
A. Sports Sector B. Logistics Sector C. Health Sector D. None of the above
Explanation: The Logistics Sector has been granted Infrastructure status recently sighting the need for integrated Logistics sector development as the logistics cost in India is very high compared to developed countries. High logistics cost reduces the competitiveness of Indian goods both in domestic as well as export market. Development of logistics would give a boost to both domestic and external demand thereby encouraging manufacturing and 'job creation'. This will, in turn, be instrumental in improving country's GDP.