Govt clears 27 proposals for SEZs

NEW DELHI: Government on Monday cleared 27 proposals for special economic zones (SEZ) including those by Larsen and Toubro, JSW Bengal Steel, Ansal Properties and Bharat Forge.

The Board of Approvals (BoA) chaired by Commerce Secretary G K Pillai granted formal approval to 17 SEZ proposals and gave in-principle nod to 10 tax-free zones.

Among the SEZs that got formal approval include an IT SEZ in Haryana by Orient Craft Infrastructure, multi-product SEZs by JSW Bengal Steel in West Bengal and by Bharat Forge in Maharashtra.

The airport-based multi-product SEZ in Himachal Pradesh by Skil Infrastructure Ltd and a heavy engineering tax-free zone in Tamil Nadu by Larsen and Toubro Shipbuilding Ltd got in-principal clearance.