Govt to take up 6 fresh SEZ proposals tomorrow

NEW DELHI: The government will take up six fresh requests for setting up special economic zones ( SEZs), which have emerged as major sources of exports, tomorrow.

The inter-ministerial Board of Approval (BoA) on SEZs headed by Commerce Secretary Rahul Khullar will also consider framing rules that will allow migration of units from one zone to another, an official said.

As of now, there is no specific provision for transfer of a unit from one SEZ to another.

The new SEZ proposals include Hindalco Industries Ltd's proposed aluminium sector SEZ at Bargwan, Madhya Pradesh, and Larsen & Toubro's IT SEZ at Mysore, Karnataka.

Sealand Ports Pvt Ltd has requested permission to establish a multi-product SEZ at Kutch, Gujarat.

The board will also take up the request of real estate major DLF for re-notification of its SEZ in Kolkata.

As of now, the government has given formal approval for setting up 574 SEZs, of which 353 tax-free zones have been notified in different parts of the country.

Exports from SEZs were valued at Rs 2.20 lakh crore in 2009-10, up 121.29 per cent from the previous fiscal.