Centre approves more SEZs
: The government on Friday approved 44 Special Economic Zones, including that of Wockhardt, Parsvnath Developers and Suncity.
By PTI |
NEW DELHI: The government on Friday approved 44 Special Economic Zones, including that of Wockhardt, Parsvnath Developers and Suncity, entailing an investment of more than Rs 40,000 crore.
The Board of Approvals in the Commerce Ministry gave formal clearances to 24 proposals and in-principle nod to 20 others, taking the total applications so far approved formally, to 236 and those with in-principle approval to 169.
The Commerce Ministry also notified the list of activities, related to social infrastructure, permitted to be set up inside SEZs. The ministry has deleted golf courses from the list of authorised operations, but the developers would be free to build power plants, roads, water treatment plant and other necessary facilities.
"The BoA considered a total of 92 proposals from Gujarat, Karnataka, Maharashtra, Madhya Pradesh, Rajasthan, Tamil Nadu and West Bengal. Formal approval was given to 24 cases, while 20 proposals were given in-principle clearance," Commerce Secretary G K Pillai told reporters here.
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