Industrial Park Rating System 3.0

Industrial Park Rating System 3.0

Industrial Park Rating System 3.0 Latest News

Recently, the Union Minister of Commerce and Industry launched the Industrial Park Rating System (IPRS) 3.0 in New Delhi.

About Industrial Park Rating System 3.0

  • It is developed by the Department for Promotion of Industry and Internal Trade (DPIIT) with support from the Asian Development Bank (ADB).
  • It aims to further strengthen India’s industrial ecosystem and enhance the competitiveness of industrial infrastructure.
  • Previous IPRS: It was started in 2018 and again IPRS 2.0 was launched in 2021.

Features of Industrial Park Rating System 3.0

  • It will help assess and benchmark facilities, infrastructure, and competitiveness of industrial parks across the country.
  • The initiative will provide stakeholders with reliable data, encourage best practices, and support the creation of world-class infrastructure.
  • It introduced an expanded framework with new parameters, including sustainability, green infrastructure, logistics connectivity, digitalization, skill linkages, and enhanced tenant feedback.
  • Under IPRS 3.0, industrial parks will be benchmarked and categorized as Leaders, Challengers, and Aspirers based on their performance across key indicators.

Significance of Industrial Park Rating System 3.0

  • It will provide investors with transparent and credible information, foster healthy competition among States and Union Territories, and guide policymakers in designing targeted interventions.
  • For States and UTs, it offers an opportunity to showcase best-performing parks, identify gaps for improvement, attract investments, generate employment, and strengthen their industrial ecosystem.

Source: PIB

Industrial Park Rating System 3.0 FAQs

Q1: What is the purpose of the Asian Development Bank?

Ans: It is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration.

Q2: What is meant by industrial park?

Ans: An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development.

Achanakmar Tiger Reserve

Achanakmar Tiger Reserve

Achanakmar Tiger Reserve Latest News

According to officials, a tigress named Jhumri helped in reviving the tiger population in Achanakmar Tiger Reserve (ATR).

About Achanakmar Tiger Reserve

  • Location: It is situated in Bilaspur district of Chhattisgarh. 
  • Achanakmar Wildlife Sanctuary was established in 1975 and was declared a tiger reserve in 2009. 
  • It is part of the huge Achanakmar - Amarkantak Biosphere Reserve.
  • It is one of three tiger reserves in Chhattisgarh. It plays a crucial role in the tiger corridor network, vital for the movement of wildlife.
  • It has a corridor connecting Kanha and Bandhavgarh Tiger Reserve and plays a critical role in the dispersal of tigers among these reserves.
  • River: The Maniyari River flows right from the centre of this reserve, which is the forest’s lifeline.
  • Tribe: It is home to the Baigas, (Particularly Vulnerable Tribal Group), Gond and Yadav communities residing inside of this tiger reserve.
  • Vegetation: Tropical moist deciduous vegetation covers the majority of the area.
  • Flora: Sal, bija, saja, haldu, teak, tinsa, dhawara, lendia, khamar, and bamboo bloom here, along with over 600 species of medicinal plants.
  • Fauna: It includes the tiger, leopard, bison, flying squirrel, Indian giant squirrel, chinkara, wild dog, hyena, sambar, chital, and over 150 species of birds.

Source: IE

Achanakmar Tiger Reserve FAQs

Q1: Which river flows through Achanakmar Tiger Reserve?

Ans: Maniyari River

Q2: Where is Achanakmar Tiger Reserve situated?

Ans: Chhattisgarh

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