Nath favours lifting the cap on SEZ size
Less than a year after the empowered Group of Ministers had imposed a land ceiling of 5,000 hectare on Special Economic Zones, Commerce and Industry Minister Kamal Nath has strongly favoured lifting the cap stating many states want large sized SEZs.
By PTI |
NEW DELHI: Less than a year after the empowered Group of Ministers had imposed a land ceiling of 5,000 hectare on Special Economic Zones, Commerce and Industry Minister Kamal Nath has strongly favoured lifting the cap stating many states want large sized SEZs.
"We are looking at it (the 5000 hectare land ceiling). There are some states who want large SEZs. One cannot have a port SEZ in Madhya Pradesh. Likewise one cannot have a similar policy in Kerala as you have in Madhya Pradesh. There cannot be a 'one-size-fits-all' policy in the nature of the our states," Nath said.
The empowered Group of Ministers, headed by External Affairs Minister Pranab Mukherjee, had imposed a 5000 hectare ceiling on SEZs last year following widespread protests over land acquisition. The meeting of the eGoM, scheduled for February 4 to review the land ceiling was cancelled.
Lifting of the land ceiling would help big developers like Reliance Industries, DLF, Omaxe and Ascendas which had planned mega multi-product SEZs.
The Commerce Ministry had earlier submitted a proposal before the EGoM favouring relaxation of rules on land size arguing that concerns over displacement have been addressed in the legislation-backed resettlement and rehabilitation policy.
"We are looking at it (the 5000 hectare land ceiling). There are some states who want large SEZs. One cannot have a port SEZ in Madhya Pradesh. Likewise one cannot have a similar policy in Kerala as you have in Madhya Pradesh. There cannot be a 'one-size-fits-all' policy in the nature of the our states," Nath said.
The empowered Group of Ministers, headed by External Affairs Minister Pranab Mukherjee, had imposed a 5000 hectare ceiling on SEZs last year following widespread protests over land acquisition. The meeting of the eGoM, scheduled for February 4 to review the land ceiling was cancelled.
Lifting of the land ceiling would help big developers like Reliance Industries, DLF, Omaxe and Ascendas which had planned mega multi-product SEZs.
The Commerce Ministry had earlier submitted a proposal before the EGoM favouring relaxation of rules on land size arguing that concerns over displacement have been addressed in the legislation-backed resettlement and rehabilitation policy.
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