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NO INSTANCE OF FLOUTING OF SEZ GUIDELINES BY PROMOTERS
Date : 16 May 2007
Location : New Delhi
Vaisakha 26, 1929
No instance of flouting of SEZ guidelines by
promoters has come to the notice of the Government so far, Minister of State for
Commerce, Shri Jairam Ramesh stated in a written reply to a question in the
Rajya Sabha today.. The empowered Group of Ministers (EGOM) at its meeting held
on 5th April, 2007 had inter alia
decided to fix the upper limit of the area required for multi product SEZs at
5000 hectares with a provision that the State Governments may prescribe a lower
limit.
In the 234 formal approvals granted so far, none
of the SEZs has an area over 5000 hectares and therefore, the question of
reviewing permission granted in these 234 formal approvals does not arise. In
cases where in principle approvals have been granted, the developers are
required to submit proposals for formal approvals. The decision of the EGOM
would be applicable to all these cases as well as new proposals received.
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