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De-notification of Yavatmal textile SEZ condemned
Aug '11
The Centre as well as the Maharashtra government's move to de-notify the Yavatmal special economic zone (SEZ) for textiles has been condemned by economists during a seminar in Yavatmal.

On June 10, fibre2fashion reported about de-notification of Yavatmal SEZ which came as a blow to the young businessmen who intended to establish different textile units.

Highlighting the significant role that textile SEZ has to play in changing people's life, the economists and others present at the seminar called upon the people at large to launch a mass protest against the decision of the State and Central Governments.

They said that even people's representatives were not aware of the government's decision to withdraw its plans of developing a SEZ for the cotton hub of Yavatmal.

The Maharashtra Industries Development Corporation (MIDC) proposed to jointly develop the concerned SEZ in association with a private partner for which it had acquired a plot measuring 208 hectares.

However, when it invited offers from private firms for partnering the project, the MIDC got a mild response and was compelled to drop the SEZ plan.

Subsequently, when the industrialists launched protests against the decision of MIDC, the peoples' representatives did not pay any heed.

In spite of Chief Minister Prithviraj Chavan's previous assurance that the State government would prioritise establishment of cotton-based industries, the MIDC forwarded a proposal to de-notify the Central Government sanctioned Yavatmal textile SEZ.

The proposal to de-notify the SEZ has been disapproved by the Yavatmal District Planning and Development Committee (DPDC), which will now raise the matter before Prime Minister Manmohan Singh through the State Chief Minister.

Fibre2fashion News Desk - India

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