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Indian Economic System(BPSC)

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Consider the following statements about India Industrial Land Bank (IILB)

It acts as a one-stop repository of all industrial infrastructure-related information.
It is under the Department of Land Resources.

Select the correct statement.

1 only

2 only

Both

None

Explanation:

It is a GIS-based portal with all industrial infrastructure-related information such as connectivity, infra, natural resources and terrain, plot-level information on vacant plots, line of activity, and contact details.

It acts as a one-stop repository of all industrial infrastructure-related information.
It serves as a decision support system for investors scouting for land remotely.
It has around 4,000 industrial parks mapped across an area of 5.5 lakh hectare of land and is expected to achieve pan-India integration by December 2021.
It is under the Department for Promotion of Industry and Internal Trade (DPIIT).

Hence only statement 1st is correct.

By: Shubham Tiwari

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