Interviews
Kamal Nath outlines decisions taken at EGOM
06 Apr '07
3 min read
The Empowered Group of Ministers (EGOM) on Special Economic Zones (SEZs) met here and discussed various issues relating to SEZs. It decided, inter-alia, to lift the current freeze on SEZs, with tighter rules and prescribed a ceiling on the size of SEZs, which has now been fixed at an upper limit of 5000 hectares.
Shri Kamal Nath, Union Minister of Commerce & Industry, also indicated that a comprehensive rehabilitation policy was being finalised and that it would include employment to at least 1 person from each displaced family.
The Minister announced that the following decisions were taken at the EGOM meeting:
• Upper limit of the area required for multi product SEZs to be fixed at 5000 hectares. However, State Governments may prescribe a lower limit.
• The minimum processing area limit be fixed uniformly at 50% for multi product SEZs as well as sector specific SEZs. (Earlier, the minimum processing area requirement for multi-product SEZs was 35%, with a provision for relaxation upto 25% by the Board of Approvals; and it was 50% for sector-specific SEZs).
• In respect of pending applications for SEZs, these may be processed for in principle, formal approval, notifications subject to the condition that the State Governments would not undertake any compulsory acquisition of land for such SEZs.
• Notification in respect of the 83 cases of formal approvals, documents for which have been submitted by the developers may be issued by the Department of Commerce after due verification, including issues concerning any dispute relating to land. Major amongst pending notifications are Ramky Pharma City SEZ & Brandix Textiles City SEZ at Visakhapatnam, Kakinada SEZ at Kakinada, APIIC Multi Product SEZ at Visakhapatnam (Andhra Pradesh), Orient Craft Textiles SEZ at Gurgaon (Haryana), Infosys Technology SEZs at Pune (Maharashtra) & Mysore (Karnataka), Ascendas' ITPL SEZ at Bangalore (Karnataka), Wockhardt Pharma SEZ at Aurangabad, Maharshtra Airport Development Corporation's Multi product SEZ at Nagpur, Jindal Stainless Steel SEZ at Kalinga Nagar (Orissa), Mahindra World City SEZ at Jaipur (Rajasthan), SICOT Footwear SEZ at Kancheepuram, Cheyyar SEZ (Lotus Footwear) at Thiruvannamalai & Suzlon Infrastructure at Coimbatore (Tamil Nadu).
Shri Kamal Nath, Union Minister of Commerce & Industry, also indicated that a comprehensive rehabilitation policy was being finalised and that it would include employment to at least 1 person from each displaced family.
The Minister announced that the following decisions were taken at the EGOM meeting:
• Upper limit of the area required for multi product SEZs to be fixed at 5000 hectares. However, State Governments may prescribe a lower limit.
• The minimum processing area limit be fixed uniformly at 50% for multi product SEZs as well as sector specific SEZs. (Earlier, the minimum processing area requirement for multi-product SEZs was 35%, with a provision for relaxation upto 25% by the Board of Approvals; and it was 50% for sector-specific SEZs).
• In respect of pending applications for SEZs, these may be processed for in principle, formal approval, notifications subject to the condition that the State Governments would not undertake any compulsory acquisition of land for such SEZs.
• Notification in respect of the 83 cases of formal approvals, documents for which have been submitted by the developers may be issued by the Department of Commerce after due verification, including issues concerning any dispute relating to land. Major amongst pending notifications are Ramky Pharma City SEZ & Brandix Textiles City SEZ at Visakhapatnam, Kakinada SEZ at Kakinada, APIIC Multi Product SEZ at Visakhapatnam (Andhra Pradesh), Orient Craft Textiles SEZ at Gurgaon (Haryana), Infosys Technology SEZs at Pune (Maharashtra) & Mysore (Karnataka), Ascendas' ITPL SEZ at Bangalore (Karnataka), Wockhardt Pharma SEZ at Aurangabad, Maharshtra Airport Development Corporation's Multi product SEZ at Nagpur, Jindal Stainless Steel SEZ at Kalinga Nagar (Orissa), Mahindra World City SEZ at Jaipur (Rajasthan), SICOT Footwear SEZ at Kancheepuram, Cheyyar SEZ (Lotus Footwear) at Thiruvannamalai & Suzlon Infrastructure at Coimbatore (Tamil Nadu).
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