INDUSTRIAL PARK RATING SYSTEM (IPRS)

About:

• Objective: The Industrial Park Rating System (IPRS) aims to provide important information regarding all Special Economic Zones, Industrial Clusters and Parks.
  
  
• Features:
  • For preparing this database, the ministry has studied infrastructure across states and in 3354 industrial clusters in order to assess quality of infrastructure in industrial parks.
    
    
  • These industrial parks have been rated on 4 points: (1) Internal Infrastructure, (2) External Infrastructure, (3) business support services and (4) Environment & Safety management.
    
    
  
  
  
• Significance: The Ministry has undertaken this exercise in order to ensure that India moves into the top 50 countries in Ease of Doing Business. This will be a useful tool for policy makers and investors at the click of a button.
  
  
• Future Plans: IPRS is proposed to be translated into an annual exercise covering all the parks across India. Coverage would be widened and updated to bring in deeper qualitative assessment feedback and bring in technological intervention.
  
  
• Agencies involved: The report has been prepared by the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce.