| |JUNE 202219Information Technology, National Center of Geo-informatics, & National e-Governance Division.India Industrial Land Bank (IIS) aims to provide:· Firstly, the details of the available land for prospective investors who are looking at setting up units in India. · Secondly, GIS (Geographical Information System) Mapping of Industrial Clusters· Thirdly, the system also consists of the information/details regarding the existing External and internal infrastructures that include air, rail, road, and port connectivity and other common facilities that are in & around the manufacturing clusters · And, lastly, the links to State GIS (Geographical Information System) Portals & State Land BanksIndia Industrial Land Bank, a significant initiative of the governmentOne of the biggest hurdles in the country to bid to arise as a significant industrial nation has been owing to excessive delay in land acquisition and with several foreign companies, such as Posco & Saudi Aramco, having faced the impact of numerous rules & regulations. Moreover, Land acquisitions that were done earlier also led to large-scale protests against the Special Economic Zone in a Tata Motors plant in Singur, & Vedanta's bauxite mining proposal in Niyamgiri.As land ownerships in huge swathes of the country are not only divided/fragmented but also disorganized. Therefore, the direct acquisition is still a critical challenge, especially for private enterprises. The India Industrial Land Bank, hence, becomes a significant initiative of the central government, since it aims to take on structural reforms in factors such as production in order to reverse a Covid-induced slump in growth.Land identification & procurementPiyush Goyal ­ the Commerce and industry minister, who had launched the India Industrial Land Bank portal one year ago, had stated that it would be unceasingly developed with inputs from states, and this is basically to make it highly effective for both land identification as well as procurement.He also stressed building a single-window system that will act as a one-stop digital platform that will help in obtaining all the required central as well as state clearances and approvals. These are needed to commence business operations in the country. Time-bound approvalsThis could remove the requirement for investors in order to visit numerous offices/platforms to get details and get the clearances from various stakeholders. This could leverage the abilities/capabilities of the existing systems and offers time-bound approvals as well as updates about real-time status to investors. THE IIS PORTAL ACTS AS A ONE-STOP SOLUTION THAT OFFERS ALL INDUSTRIAL INFORMATION SUCH AS AVAILABILITY OF RAW MATERIAL FOR MINERALS, AGRICULTURE, NATURAL RESOURCES, HORTICULTURE, FIRSTLY, AND DISTANCE FROM IMPORTANT LOGISTIC NODES, AND SECONDLY, LAYERS OF TERRAIN AND URBAN INFRASTRUCTURE
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