Current AffairsEconomics

India Industrial Land Bank (IILB)

A prototype of the National GIS-enabled Land Bank System was e-launched by Commerce and Industry Ministry for six States based on which land can be identified for setting up industries.

Land Bank System

  • The system has been developed by the Integration of Industrial Information System (IIS) with state GIS (Geographic Information System).
  • IIS portal is a GIS-enabled database of industrial clusters/areas across the states.
  • On the system, more than 3,300 industrial parks across 31 states/UTs covering about 4,75,000 hectares of land have also been mapped out on the system.
  • The information available on the system will include drainage, forest; raw material heat maps (horticulture, agricultural, mineral layers); multilayer of connectivity.
  • IIS has adopted a committed approach towards industrial upgrading, resource optimization, and sustainability.
  • The system has been integrated with industry-based GIS systems of 17 states to have details on the portal updated on a real-time basis and will achieve pan-India integration by December 2021
Tags: Current Affairs, Economics

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