CURRENT AFFAIRS

Detailed explanation-1: -The Industrial Park Rating System was developed for the user to evaluate the competitiveness of an industrial park against global benchmarks on four metrics-internal infrastructure and utilities, external infrastructure and connectivity, business services and facilities, and environment and safety management.

Detailed explanation-2: -The IPRS report is an extension of the India Industrial Land Bank which features more than 4, 400 industrial parks in a GIS-enabled database. It seeks to help investors identify their preferred location for investment.

Detailed explanation-3: -India’s Hyderabad city has opened the country’s first 100% women-owned ‘FLO Industrial Park’ paving the way for female entrepreneurs to run and operate their business from this park. The ‘FLO Industrial Park’ began operations with 25 Green Projects in Hyderabad.

Detailed explanation-4: -Industrial parks are a portion of the city that are specifically reserved for industrial use. These zones are not for the use of commercial or residential needs. Industrial parks generally include ports, oil refineries, distribution centres, warehouses, and factories.