Highlights of Budget 2018 and What It Means for the Logistics Sector

The much awaited budget of 2018 is finally out. Though the implementation of the E-way bill on the same day of the budget announcement may have overshadowed it slightly, there is still a lot to cheer for the logistics and supply chain industry in India. With a capital outlay and extra budgetary expenditure of Rs. 5.97 lakh crore for infrastructure, the Government continues its aggressive push to modernise India’s logistics industry. Below are some of the biggest takeaways from the 2018–19 Union Budget - Continued Focus on Developing Road InfrastructureThe Government is confident of completing the 9,000 KMs of road…