Congress party favours compensating SEZ promoters in Goa

The Congress in Goa favours compensating the Special Economic Zone promoters.

PANAJI: The Congress party in Goa favours compensating the Special Economic Zone (SEZ) promoters whose projects were notified and recommended for denotification before the Union Commerce Ministry by the State Government.

"We will have to compensate these promoters. We will have no other option," Goa Pradesh Congress Committee (GPCC) President Fransisco Sardinha said.

Sardinha said that Union Commerce Minister Kamal Nath favours denotifying these SEZs as they are opposed by the people.

He (minister) wont be able to give round the clock security for these projects if people oppose them. The law is a technical thing which can be discussed, the GPCC Chief said.

He said that the Congress favours compensating the SEZ promoters but to what extend they should be compensated should be decided.

Goa has shunned doors on the SEZs in the state by scrapping 12 such projects while three SEZs are still in the process of denotification.
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The Union Commerce Ministry had earlier expressed their inabiliity to denotify them. The Ministry had suggested that the State Government should initiate dialogues with the promoters.
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