India has examined revamping of SEZ policy
Jan '20
Commerce and industry minister Piyush Goyal chaired a meeting last week to review these issues.
The statement said the recommendations which have been completed include review of specific exclusions proposed in net foreign exchange computation in light of the 'Make in India' initiative, sharing of duty exempted assets/infrastructure between units to be allowed against specific approval and formalisation of de-notification process for enclaves.
The committee was constituted by the ministry to study the existing SEZ policy and had submitted its recommendations in November 2018.
Fibre2Fashion News Desk (DS)
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