Q. India industrial land bank comes under which ministry?
a) Finance ministry
b) Ministry of Commerce and Industry
c) Ministry of Heavy Industry
d) None of these
ANSWER- b)
Related Facts:-
- On July 9th, 2021 The Ministry of Commerce and Industry said the GIS enabled Land Bank is gaining popularity, its website has seen a 30% increase in views since April 2021.
- The India Industrial Land Bank (IILB) is a GIS-based portal – a one-stop repository of all industrial infrastructure-related information – connectivity, infra, natural resources & terrain, plot-level information on vacant plots, line of activity, and contact details.
- Currently, the IILB has approximately 4000 industrial parks mapped across an area of 5.5 lakh hectare of land, serving as a decision support system for investors scouting for land remotely.
- 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
- 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.
BY – ABHISHEK KUMAR