Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu inaugurated iCREATE facility at Deo Dholera Village in Ahmedabad, Gujarat. iCreate aims to develop an ecosystem in India to generate quality entrepreneurs.iCreate is an independent Centre established with an objective of facilitating entrepreneurship through blend of creativity, innovation, engineering, product design and leveraging emerging technologies. It main purpose is foster innovation to deal with major issues such as food security, water, connectivity, cybersecurity, IT and electronics, energy, bio-medical equipment and devices etc.LEADS is loosely based on World Bank’s biannual Logistics Performance Index (LPI) on which India was ranked 35 among 160 countries in 2016, up from 54 in 2014. It aims to serve as an indicator of efficiency of logistical services necessary for promoting exports in particular and economic growth in general.
Gujarat has topped among 22 states in the Logistics Ease Across Different States (LEADS) index released by Union Ministry of Commerce & Industry.It was released by Union Minister of Commerce & Industry Suresh Prabhu after the third meeting of the Council for Trade Development and Promotion in New Delhi.Punjab has acquired second position followed by Andhra Pradesh, Karnataka and Maharashtra. Among the Union Territories, Daman & Diu occupied top slot followed by NCT Delhi and Chandigarh. As regards the hilly states, Tripura was on top followed by Mizoram and Meghalaya.The LEADs index is a composite indicator to assess international trade logistics across States/UTs based on stakeholders’ survey conducted by Deloitte for Ministry of Commerce and Industry. It is calculated based on eight parameters such as infrastructure, services, timeliness, track and trace, competitiveness of pricing, safety of cargo, operating environment and regulatory process.
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