Summary
It also creates the Integrated Transport and Logistics Authority to improve how goods move across the nation. 🚚
Key Points
3 points1
The fund provides direct money to help small companies buy new equipment and expand.
2
It aims to make these businesses competitive in global markets.
3
The Integrated Transport and Logistics Authority will use data to plan roads, railways, ports and other transport systems.
New Words to Learn
5 wordscrore
ten million; ten thousand crore rupees equals one hundred trillion rupees
small and medium enterprises
small and medium sized businesses that produce goods or offer services
Integrated Transport and Logistics Authority
a national body that plans and coordinates all kinds of transportation and delivery
multimodal
using several types of transport such as trucks, trains and ships together
data-led planning
deciding what to do based on collected information and statistics
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