Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

[pib] Industrial Park Ratings System (IPRS) Report

Note4Students

From UPSC perspective, the following things are important :

Prelims level : Industrial Park Ratings System (IPRS)

Mains level : NA

The Department for Promotion of Industry and Internal Trade (DPIIT) has released the Industrial Park Ratings System Report.

Industrial Park Ratings System (IPRS)

  • The IPRS pilot exercise was launched in 2018 with an objective of enhancing industrial infrastructure competitiveness and supporting policy development for enabling industrialization across the country.
  • The IPRS report is an extension of the India Industrial Land Bank which features more than 4,400 industrial parks in a GIS-enabled database.
  • It seeks to help investors identify their preferred location for investment.
  • With this report, the investors can even remotely refer to this report to identify the suitable investable land area, as per the various parameters of infrastructure, connectivity, business support services and environment and safety standards.

Highlights of the report

  • 41 Industrial Parks have been assessed as “Leaders” in the Industrial Park Ratings System Report released by DPIIT.
  • 90 Industrial Parks have been rated as under the Challenger category while 185 have been rated as under “Aspirers”.
  • These ratings are assigned on the basis of key existing parameters and infrastructure facilities etc.

 

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