Q. Logistics Performance Index (LPI) report is published by:
Answer:
World Bank
Notes: The World Bank publishes the Logistics Performance Index (LPI) report. The LPI is a ranking of countries that helps them identify challenges and opportunities in their trade logistics performance. The World Bank conducts the LPI survey every two years. The LPI analyzes differences between countries in terms of:
- Customs procedures
- Logistics costs
- The quality of the infrastructure for overland and maritime transport
The World Bank published the LPI 2023. In this report, India jumped six places on the ranking list. The Department for Promotion of Industry and Internal Trade (DPIIT) has been conducting the LEADS study since 2018 to identify and resolve logistics inefficiencies.