Password Keep me signed in Forgot your password? No account yet?
Home � News � Story
Popular stories
My City
Simulators, lurking in the darkVideo games have 'manifold effects on children'
More
Lifestyle
A brand new gameWorld’s best toymakers set up shop in India
More
Culinary
Flavours of the RajAnglo-Indian cuisine is fun and tangy
More
Lifestyle
'Eyeing' the nerdBig bold chic geeky frames make a comeback
More
Escape Route
Monsoon getawaysVisit India’s best nature trails during monsoon
More

Govt scraps 12 SEZs

Posted On :10/03/2010
Jyotiraditya Scindia
Jyotiraditya Scindia, Minister of State for Commerce and Industry.
New Delhi, 10 Mar: The government has scrapped 12 special economic zones (SEZs) located in Delhi, Orissa, West Bengal, Gujarat, Haryana, Maharashtra, Tamil Nadu and Andhra Pradesh, Parliament was informed today.

"Requests for de-notification by the developers have been received from 13 SEZs located in the states/Union territories of Delhi, Orissa, Gujarat... of which 12 have been approved by the Board of Approval," Minister of State for Commerce and Industry Jyotiraditya Scindia said in a written reply.

Board of Approval (BoA), a 19-member inter-ministerial group headed by Commerce Secretary Rahul Khullar, approves the SEZ projects.

Scindia said that the final de-notification is allowed only on refund of duties or benefits, "if any, availed by the developer."

The SEZs, which have been denotified by the BoA includes four IT-ITeS zones of realty major DLF in Haryana, Gujarat, and Orissa.

On the de-notification of three SEZs in Goa, the minister said that the state government "may have compensate the developers". However, he said that the developers have approached judiciary and the matter is sub-judice.

"Goa government had recommended 15 proposals for setting up of SEZs. Out of these, 7 proposals were accorded formal approval by the BoA and notifications were issued in respect of three cases," he said. .


(PTI)
Comment
Add New Search RSS
Write comment
Name:
Email:
 
Website:
Title:
Please input the anti-spam code that you can read in the image.

3.26 Copyright (C) 2008 Compojoom.com / Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

stories of the week
Group supports Indian Institute of Cerebral Palsy
  Feedback| Disclaimer |Privacy Policy  
  Copyright © 2010. ilovekolkata.in. All Rights Reserved.