Centre fixes rehab onus on SEZ developer
The announcement comes on a day when leaders of UPA as well as Left parties are meeting at Prime Minister Manmohan Singh's residence.
By PTI |
NEW DELHI: With SEZs becoming a political hot potato after killings in Nandigram police firing, the Centre today announced changes in rules and made developers solely responsible for rehabilitation of displaced persons.
"The developer (of special economic zones) shall make adequate provision for rehabilitation of the displaced persons as per the relief and rehabilitation policy of the state government," a Commerce Ministry notification said.
The sudden change in rules by the Commerce Ministry, the nodal agency for approving SEZs, has even preceded the finalisation of the rehabilitation policy being worked out by the Ministry of Rural Development.
The announcement comes on a day when leaders of UPA as well as Left parties are meeting at Prime Minister Manmohan Singh's residence.
Further, in a tightening measure to check speculation by real estate players, the validity for 'in-principle' approval has been reduced from three years to one year.
However, the validity for formal approval remains three years because land possession is essential for getting the final nod from Board of Approval in the commerce ministry.
The developer will have to show it possesses irrevocable rights over land.
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