Diaspora vital connectors between India and global innovation ecosystems: MoS (See 'Corp Brief') Srinagar Khel Sankalp affirms unified commitment to athlete-centric sports ecosystem (See 'Corp Brief') IBC - If corporate debtor is solvent & functioning company, then insolvency process invoked only to secure payment of individual dues by initiation of CIRP, amounts to misuse of IBC as recovery mechanism: SC (See 'Legal Desk') Reining in Misuse of IBC for Recovery (See CORP EINSICHT) SAMAVESH Portal, NMBA 2.0, SETU and SMILE Beggary Apps Launched at Chandigarh Shivir (See 'Corp Brief') PMLA - Attachment of a residential property upheld where Act itself permits attachment not only of property directly acquired from proceeds of crime, but also of untainted property representing equivalent value where actual proceeds of crime are unavailable or untraceable: HC (See 'Legal Desk') Veep urges Youth to become Job Creators and Nation-Builders (See 'Corp Brief') CCIC launches 'Soul Threads' - A Heritage Designer Collection Celebrating Artisanal Legacy (See 'Corp Brief') IBC - If statutory authority, during subsistence of moratorium u/s 14, directs bank to place lien on bank accounts of Corporate Debtor, and bank acts on same, it would amount to execution against Corporate Debtor and is barred by Sec 14: NCLT (See 'Legal Desk') IPR - As Constitutional Court under Article 215 of Constitution, appropriate orders are warranted to ensure that its directions are not taken in perfunctory or dismissive manner: HC (See 'Legal Desk') Prohibition of Benami Property Transactions Act, 1988 - Mere involvement of cash does not exclude transaction from ambit of benami, particularly where source is undisclosed & transaction is structured to legitimize unaccounted money during demonetization: SAFEMA Tribunal (See 'Legal Desk') PMLA - Mere fact that some allegations in predicate FIR were quashed, or that attached property was allegedly purchased before crime period, did not invalidate attachment if companies were recipients of proceeds of crime: SAFEMA (See 'Legal Desk')

NICDC Logistics & Infrastructure Development Board sign MoU to enhance Logistics in Gujarat

Published: Jul 13, 2024

By TIOLCorplaws News Service

NEW DELHI, JULY 13, 2024: NATIONAL Industrial Corridor Development Corporation Limited (NICDC) Logistics Data Services Limited (NLDS) and Gujarat Infrastructure Development Board (GIDB) signed a Memorandum of Understanding (MoU) to digitize the logistics landscape in Gujarat by leveraging Unified Logistics Interface Platform (ULIP). The MoU was signed by CEO & MD, NICDC, and Chairman, NLDS, Rajat Kumar Saini and CEO, GIDB, Banchha Nidhi Pani.

This collaboration is expected to bring visibility to streamline logistics operations, foster greater coordination among state departments, and enhance decision-making processes through real-time data insights.

Central to this partnership is the development of the Gujarat ULIP Dashboard by NLDS. Designed to operate on a Hub-spoke model, the dashboard will seamlessly integrate with various state departments, ensuring a continuous flow of information. It will provide real-time visibility into key logistics parameters such as shipment tracking, vehicle utilization, infrastructure availability, and transit times etc.

The comprehensive tool will empower stakeholders across the government and private sectors to efficiently monitor and manage logistics operations throughout the state.

The association underscores NLDS's commitment to leverage technological advancements and innovation to drive progress in the logistics sector. Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Rajesh Kumar Singh, congratulating GIDB and NLDS, expressed that this collaboration is a major milestone in Government of India's commitment to digital transformation under PM Gati Shakti.

About ULIP:

ULIP is a digital gateway that allows industry players to access logistics-related datasets from various Government systems through API-based integration. Currently, the platform integrates with 37 systems from 10 ministries via 118 APIs, covering over 1800 data fields. Private sector participation in ULIP has been instrumental in amplifying its impact, with over 950 companies registered on the ULIP portal (www.goulip.in). Additionally, these companies have developed over 90 applications, leading to more than 42 crore API transactions. Beyond private players, ULIP is amplifying the effectiveness of government decision-making by delivering synthesized data to different ministries and departments like Coal, Food Corporation of India (FCI) and States.

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