The Management Accountant - September 2024
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6 The Management Accountant - September 2024
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EDITOR’S DESK
From the
Accelerating India's Transport & Logistics Sector - A Corridor to Evolution
ccelerating India’s
transport and
logistics sector
is crucial for its
economic development and
global competitiveness. By
infrastructure development
through expansion and
upgradation of highways
and roads, railways, airports,
ports and shipping, India can
transform its transport and
logistics sector into a more
efficient, sustainable and
globally competitive industry.
Technological integration,
regulatory reforms, sustainability
initiatives, regional connectivity
will not only boost economic
growth but also enhance the
country’s status in the global
supply chain.
India’s logistics and
industrial sector has seen
impressive growth during the
first half of 2024.This issue of
Management Accountant carries
several articles on the theme-
Accelerating India’s Transport
& Logistics Sector - A corridor
to evolution.
Accelerating India’s Transport
and Logistics Sector – A
Corridor To Evolution focuses
on the adoption of green
logistics technology, smart
cities and logistics parks and
reflects India’s commitment to
sustainability and modernization.
These innovations are reducing
the carbon footprint of logistics
operations, optimizing urban
freight movement and enhancing
the overall efficiency of the
sector. India’s transport and
logistics sector has experienced
a significant transformation
over the past decade, becoming
a critical driver of the nation’s
economic progress.
Logistics Leverage and
Evolution in Transportation
Infrastructure perpetual
Augmentation of the Expansion
of Indian Economy performs
a representative sectoral time-
series analysis, establishing the
sustainable expansion trajectory
of the logistics infrastructure in
India.
Advancing Sustainability:
The Impact of Green Logistics
Technology and Smart
Logistics Parks on Future
Cities Development states that
logistics operations contribute
to economic growth and urban
effectiveness and therefore,
eco-friendly approaches reduce
environmental consequences and
improve efÏciency and service.
This article delves into the
impact of logistics technology
and smart logistics parks on
sustainable urban development.
Flagship Highway Project
“Bharatmala” The Journey
So Far explores the journey
of the Bharatmala project. It
also discusses the challenges
encountered during its execution,
including land acquisition,
environmental clearances and
financial constraints. The
article also assesses the socio-
economic impacts of the project,
particularly in terms of regional
development, job creation and
the overall modernization of
India’s transportation network.
The article titled From Smart
Cities to Green Supply Chains: A
New Era of Logistics explores the
convergence of green logistics,
smart city infrastructure and
advanced logistics parks as a
cornerstone of sustainable urban
development. It concludes by highlighting
the synergistic relationship between these
components and their contribution to creating
resilient, eco-friendly, and future-oriented
cities.
Cost Management and Innovation: The
Dual Pillars of India’s National Logistics
Policy, 2022 examines the policy’s two pillars,
innovation and cost management. The article
also emphasizes how CMA support financial
planning, performance evaluation, risk
management, cost optimization, regulatory
compliance, technology integration, and skill
development.
Accelerating India’s Transport: Green
Logistics, Smart Cities, and Innovation
unravels the usage of green logistics
technologies in connection with smart city
ecosystem endorsed by Kolkata City showing
environmental, economic and social-centric
dimensions.
The article Exploring the Development
Opportunities of Vizhinjam Mother Port:
A Strategic Gateway for Maritime Growth
concludes Vizhinjam Port will greatly boost
India’s marine trade and establish it as a key
centre for international shipping. India’s trade
capacity and efÏciency will rise significantly
due to this port’s strategic location and modern
amenities.
Environmental Cost-Benefit Analysis of
Satellite Toll Collection System in India-
assesses the ecological expenses and
advantages of using satellite toll collection
systems in India. It offers suggestions for
policy and practical application, as well as
guidance for future research.
Apart from these thematic articles, this
issue contains articles on various other
contemporary matters.
We look forward to constructive feedback
from our readers. Please send your comments
and suggestions to editor@icmai.in.
A big thanks to our authors who have
enriched the contents of this Issue.
Happy Reading!!!
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