Interviews
No instance of flouting of SEZ guidlines by promoters
17 May '07
1 min read
No instance of flouting of SEZ guidelines by promoters has come to the notice of the Government so far, Minister of State for Commerce, Shri Jairam Ramesh stated in a written reply to a question in the Rajya Sabha.
The Empowered Group of Ministers (EGOM) at its meeting held on 5th April, 2007 had inter alia decided to fix the upper limit of the area required for multi product SEZs at 5000 hectares with a provision that the State Governments may prescribe a lower limit.
In the 234 formal approvals granted so far, none of the SEZs has an area over 5000 hectares and therefore, the question of reviewing permission granted in these 234 formal approvals does not arise.
In cases where in principle approvals have been granted, the developers are required to submit proposals for formal approvals.
The decision of the EGOM would be applicable to all these cases as well as new proposals received.
The Empowered Group of Ministers (EGOM) at its meeting held on 5th April, 2007 had inter alia decided to fix the upper limit of the area required for multi product SEZs at 5000 hectares with a provision that the State Governments may prescribe a lower limit.
In the 234 formal approvals granted so far, none of the SEZs has an area over 5000 hectares and therefore, the question of reviewing permission granted in these 234 formal approvals does not arise.
In cases where in principle approvals have been granted, the developers are required to submit proposals for formal approvals.
The decision of the EGOM would be applicable to all these cases as well as new proposals received.
Press Information Bureau Government of India
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
