• 9964432222
  • Mail Us
  • Appointment
  • Locate Us
  • Chat Now
  • Courses
  • Login
  • Register
Manifest IAS
JournalsOfIndia
Advertisement
  • Home
  • SNIPPETSfor Prelims
  • ARTICLESfor Mains
  • BROWSEBY SOURCE
  • DOWNLOADS
No Result
View All Result
  • Home
  • SNIPPETSfor Prelims
  • ARTICLESfor Mains
  • BROWSEBY SOURCE
  • DOWNLOADS
No Result
View All Result
JournalsOfIndia
No Result
View All Result
Home Economy

Industrial Park Rating System

March 26, 2021
in Economy
Reading Time: 2 mins read
0
Industrial Park Rating System
224
VIEWS
Share on WhatsAppShare on TelegramShare on Facebook
image_pdfMake PDF

In News: Industrial Park Rating System (IPRS) 2.0 is scheduled to launch in April 2021.

About Industrial Park Rating System (IPRS)

  • Authority: Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce.
  • The pilot IPRS that was launched in November 2018 evaluated 177 parks, nominated by 21 SIDCs across 34 key parameters under 4 verticals of the framework.
  • The Asian Development Bank (ADB) has supported the DPIIT in developing an Industrial Park Rating System (IPRS), a framework-based performance evaluation system for industrial parks.
  • The Department for Promotion of Industries and Internal Trade (DPIIT), has developed an Industrial Information System (IIS) that maps 3,373 industrial areas across the nation covering 475,000 hectares.
  • The industrial parks across states are largely owned, managed, and operated by the respective State Industrial Development Corporations (SIDCs).

Objective Of IPRS

  • To evaluate the competitiveness of an industrial park against global benchmarks along four dimensions—internal infrastructure and utilities, external infrastructure and connectivity, business services and facilities, and environment and safety management. 
  • Assessment under the IPRS could assist informed decision-making by stakeholders involved in India’s industrial development including policy-makers, investors, and financing institutions.

Features of  IPRS

  • The Ministry has studied infrastructure across states and in 3354 industrial clusters in order to assess the quality of infrastructure in industrial parks for preparing this database.
  • Industrial parks rated on 4 points
    • Internal Infrastructure
    • External Infrastructure
    • Business support services
    • Environment & Safety management.

IPRS Aimed At

  • Provide information to tenants and compare parks on identified parameters; 
  • Propose a framework by which competitiveness of industrial parks could be measured and areas of intervention identified (Figure 3); 
  • Rate industrial parks to recognize best practices and promote a competitive spirit among park developers and operators; and 
  • Seek feedback from stakeholders (including developers and tenants) to identify gaps in existing infrastructure and ecosystems to enable the DPIIT, ADB, and other departments and agencies to develop relevant programs and policies.

Industrial Information System (IIS) 

  • Authority: Department for Promotion of Industries and Internal Trade (DPIIT) 
  • Partners: DPIIT developed the Industrial Information System (IIS)  with participation of states, union territories, central departments, and ministries through extensive data sharing over a geographic information system (GIS) platform
  • Objective: To consolidate information about the industrial landscape of India and make it available in a transparent way

Aim: To achieve the target of 25% share of manufacturing in gross domestic product (GDP) by 2022, the government plans to invest into improving industrial infrastructure and its service delivery, provide policy and fiscal support to industry, and bring in transparency in information dissemination.

image_pdfMake PDF
Source: PIB
Tags: PIBPrelims

Related Posts

National Startup Advisory Council (NSAC)

National Startup Advisory Council (NSAC)

May 20, 2022
State of Inequality in India Report

State of Inequality in India Report

May 19, 2022
Gold hallmarking

Gold hallmarking

May 4, 2022
MSME Sustainable (ZED) Certification Scheme

MSME Sustainable (ZED) Certification Scheme

May 3, 2022
India Semiconductor Mission

India Semiconductor Mission

May 3, 2022
Atal New India Challenge 2.0 (ANIC 2.0)

Atal New India Challenge 2.0 (ANIC 2.0)

April 30, 2022
Labour Force Participation Rate (LFPR)

Labour Force Participation Rate (LFPR)

April 29, 2022
All-India Household Consumer Expenditure Survey

All-India Household Consumer Expenditure Survey

April 26, 2022
Fincluvation

Fincluvation

April 23, 2022
Global Ayush Investment and Innovation Summit 2022

Global Ayush Investment and Innovation Summit 2022

April 22, 2022
Please login to join discussion
JournalsOfIndia

Our vision is to orient the readers to grasp the facts objectively and analyse critically. In the rush of reaching first to the readers, the websites miss the balanced opinion, which is the need of the hour. We aim to reach the readers with more crispness, preciseness and relevance. We bring the articles in UPSC way for the civil services aspirants and the Wisest Way for general readers.

Categories

  • Agriculture
  • Disaster Management
  • Economy
  • Environment
  • Ethics
  • Foreign Affairs
  • Geography
  • Governance
  • History
  • Law & Policy
  • Opinion
  • People in News
  • Places in News
  • Science & Tech
  • Security
  • Society
  • Sports
  • Uncategorized

Browse by Tag

AIR BBC Business Standard CNN Deccan Herald DownToEarth Down to Earth DTE Economic Times ET GS-1 GS-2 GS-3 GS-4 Hindustan Times IE India & the world Indian express India today Indiatoday Kurukshetra LiveMint Mains News News Paper Newspaper PIB PIB & The Hindu pre Prelims PRS India RSTV Science Reporter Survey The Hindu The Hindustan Times The India Express The Indian Express The New Indian Express Times of India TOI TOPPERS UNDP website Wikipedia Yojana

Newsletter

The most important UPSC news and events of the day.

Get Journals daily newsletter on your inbox.

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

  • Login
  • Sign Up
  • Home
  • SNIPPETS
  • ARTICLES
  • BROWSE
  • DOWNLOADS
No Result
View All Result

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In