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Home Economy

Industrial Park Ratings System Report

October 6, 2021
in Economy
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Industrial Park Ratings System Report
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In news- The 2nd edition of the Industrial Park Rating System (IPRS) Report was recently launched by the Minister of State for Commerce & Industry.

About the report-

  • The IPRS 2.0 portal maps in detail 449 industrial parks and special economic zones in the country, and rates them based on some key parameters such as external infrastructure, internal infrastructure, business support services and environment and safety.
  • It aims to support the ease of doing business reform agenda of providing transparent information, enable states to showcase their strengths and promote investment in the state industrial ecosystem and identify gaps for interventions.
  • It serves as a one-stop solution to the free and easy accessibility of all industrial information including availability of raw material – agriculture, horticulture, minerals, natural resources, distance from key logistic nodes, layers of terrain and urban infrastructure.
  • Industrial parks are rated on a questionnaire of 45 questions and the park developers are requested to submit their responses on each question based on the availability of the amenities in respective industrial parks.
  • A steering committee has been constituted at the Department for Promotion of Industry and Internal Trade (DPIIT) to guide the initiative.
  • 41 Industrial Parks have been assessed as “Leaders” in the Report.
  • 90 Industrial Parks have been rated as under “Challenger” category while 185 have been rated as under “Aspirers”. 
  • The IPRS pilot was launched in November 2018 with support from Asian Development Bank (ADB). 
  • Industrial parks are rated on 4 points-
  • Internal Infrastructure
  • External Infrastructure
  • Business support services
  • Environment & Safety management
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Source: The Hindu
Tags: NewspaperPrelims

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