CURRENT AFFAIRS

Detailed explanation-1: -Nitin Gadkari laid the foundation stone of multi-modal logistic park in Assam.

Detailed explanation-2: -Union minister for road transport and highways, Shri Nitin Gadkari laid the foundation stone of India’s first multi-modal logistics park (MMLP) at Jogighopa in Assam on 20th October. India’s first multi-modal logistics park (MMLP) to be constructed in Assam, a project of US$ 407 million.

Detailed explanation-3: -According to the Ministry of Road Transport and Highways (MoRTH), Reliance Industries Ltd (RIL) has been awarded the project to build India’s first multimodal logistics park (MMLP) in Chennai, Tamil Nadu. A crucial cog in the Centre’s logistics overhaul, the MMLP will be spread over 184 acres and cost Rs 1, 424 crore.

Detailed explanation-4: -Location &Areal extent: India’s first Multi Modal Logistics Parks is being set up in Mappedu village in Thiruvallur district, near Chennai. It will be spread over 184 acres and cost Rs 1, 424 crore.

Detailed explanation-5: -The government’s thrust on developing Multi-Modal Logistics Parks (MMLPs) holds promise to cut logistics costs and minimise transportation delays. MMLPs are logistical facilities developed with support from state and union government agencies and active collaboration from the private sector.