New Delhi, Oct. 6 -- The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved setting up of a Special Purpose Vehicle (SPV), namely, the Integrated Transport & Logistics Authority (ITLA), to strengthen research, planning, appraisal, monitoring and impact assessment within the broad domains of Transportation and Logistics.

According to a release, the approval seeks to address the long-standing challenges arising from fragmented planning and implementation across multiple transport-related Ministries and agencies. By fostering greater coordination and multi-modal integration, ITLA is expected to enhance the efficiency, sustainability and effectiveness of transport infrastructure development in India.

ITLA would have...