Govt Maps Land 4-times the Size of Hong Kong to Woo Global Investors
The government has mapped as much as five lakh hectares of land — more than four times the size of Hong Kong — spread across 3,390 industrial belts and special economic zones (SEZs) in the country, as it prepares a national land bank portal to woo investors, The portal is being designed in such a manner that investors will be able to locate the land and have access to a plethora of details. The detials relate to logistics, land, rail & air connectivity, and even raw material availability which can make them take informed decisions. Currently, 21 states have GIS-enabled land banks, which are being integrated under the national portal. The department for the promotion of industry and internal trade (DPIIT), which is spearheading the first-of-its-kind initiative, is ready with the first phase of the launch. As and when more states are on board, likely by December, more land and details thereof, will be made available. A mobile app of the land bank will also be launched, which will come in handy for the investors.
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