ECONOMICS

Reports and Indices

Logistics Ease Across Different State (LEADS) 2023 Report

    • Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles,  Piyush Goyal released the 5th edition of “Logistics Ease Across Different State (LEADS) 2023” report recently.
  • LEADS was conceived on the lines of Logistics Performance Index of World Bank in 2018
  • The report is based on a pan-India primary survey, conducted between May and July 2023, covering over 7,300 responses across 36 States/UTs.
  • Tamil Nadu along with Andhra Pradesh, Gujarat, Karnataka were named as Achievers under Coastal Group.International Energy Agency’s (IEA) annual coal market report 2023
    • According to the report global coal demand is expected to decline by 2026.
    • The decline is expected to be due to a shift towards renewable energy and decreasing  demand in China.
    • India will remain the “driving force” for the fuel until that year.
    • The global demand for coal rising by 1.4% in 2023, surpassing 8.5 billion tonnes for the first time.

 

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