Govt facilitates mapping of 5.6 lakh hectares of land on IILB portal

The department for promotion industry and internal trade (DPIIT) has expedited the mapping of 5.6 lakh hectares on the India Industrial Land Bank (IILB) portal. DPIIT gives GIS-enabled data of industrial regions to let investors choose land located in different states to establish projects from home. As per the DPIIT presentation, the land is spread over 4,363 industrial parks, estates and special economic zones (SEZs) in 19 states and Union territories. By December 2021, the department plans to merge each state with the IILB portal. On the other hand, the government of PM Modi tries to tweak land acquisition rules by an ordinance in 2014. However, in recent years, setting up land banks would complement its works to emit inflexibility in labour laws to increase production and allure foreign investors among developing anti-China sentiments worldwide. By the IILB, investors would be able to locate the land and even have access to plenty of details like land, logistics, rail and air connectivity, drainage system, power supply, and raw materials. So, they would be informed about the decisions about any industrial belt. India faces a countless number of rules and regulations, which is one of the biggest barriers to develop as a major industrial nation. In the past, land acquisition has also resulted in large-scale objections against a Tata Motors plant in Singur (both are in West Bengal), SEZ in Nandigram, and bauxite mining proposal of Vedanta in Niyamgiri, Odisha. Direct acquisition remains a significant challenge, and even more for private firms since land ownership in vast swathes of India is disorganised. Therefore, the land becomes a necessary initiative of the government, as it plans to undertake structural changes in factors of generation to reverse a Covid-induced slump in growth. Image Source Also read: Andhra govt starts integrated land survey under land protection scheme