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Government gives nod to 10 more SEZ proposals

Government gives nod to 10 more SEZ proposals
PTI
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First Published: Wed, Sep 19 2007. 01 10 AM IST
Updated: Wed, Sep 19 2007. 01 10 AM IST
New Delhi: The government on Tuesday cleared 10 special economic zone (SEZ) proposals, including those of Tata Consultancy Services (TCS), Mundra Port and new IT zones within the Mukesh Ambani-promoted Navi Mumbai SEZ.
The board of approval (BoA), chaired by commerce secretary G.K. Pillai, considered 19 proposals during its meeting here.
“The board has given formal clearance to 10 SEZs but the decision on four SEZ proposals in UP has been deferred because they do not have possession of land,” Pillai told reporters after the meeting.
Navi Mumbai SEZ Pvt. Ltd, promoted by Reliance Industries Ltd chairman Mukesh Ambani and his close aide Anand Jain sought clearance for three IT specific enclaves within the overall limits of the SEZ.
The board also gave in-principle approval to textile SEZ of Jindal Worldwide (JWL)in Gujarat and one by Arshhiya Technologies in Maharashtra.
In all, seven proposals were deferred mainly because of non-possession of land. The deferred proposals include those of DLF Ltd, Unitech Hitech Projects and Falcon Commercial Developers for IT SEZs in UP.
Pillai said the Centre has identified around 100 proposals for cancellation since they were not backed by the state governments.
“But there is no ban on them applying again,” he said. Pillai also informed that the board has so far given formal approval to 386 SEZs, of which 149 have been notified.
He added that more than Rs47,732 crore has been invested in these SEZs and that they are directly employing over 40,000 people.
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First Published: Wed, Sep 19 2007. 01 10 AM IST