GIS-enabled national land bank portal he Ministry of Commerce and Industry has launched a first-of-its-kind , which will help investors zero in on land located in various states for potential projects. As much as 4.2 lakh hectares of land has been mapped across 3,275 industrial clusters in India, of which about 1.13 lakh hectares of land is available for investors.
A land bank is an entity created by the government to help manage and dispose of land so that it can be redeveloped for a better, more productive use. Land banks act as a legal and financial mechanism to transform land properties. While a land bank provides short-term fiscal benefits, it can also act as a tool for planning long-term community development.
Features of the GIS Enabled Land Bank System
- The Department for Promotion of Industry & Internal Trade has developed the Industrial Information System (IIS) portal, a GIS-enabled database of industrial areas/ clusters across the country. It is being developed by integrating the IIS with state GIS (Geographic Information System).
- The initiative is being supported by Invest India, the national investment promotion & facilitation agency, National Center of Geo-Informatics (NCoG), National e-Governance Division (NeGD), Ministry of Electronics & Information Technology and Bhaskaracharya Institute for Space Applications and Geo-Informatics (BISAG).
- Industrial Information System (IIS) aims to provide:
. Information on available land for prospective investors looking at setting up units in the country
. GIS mapping of industrial clusters
. The system also holds the information about the existing external and internal infrastructure such as rail, road, air and port connectivity and other common facilities in and around the manufacturing clusters
. Links to State GIS portals and State land banks
- Investors will also get access to details of logistics, land, rail & air connectivity, tax incentives, drainage system, power supply and raw material availability from the portal on various industrial belts.