Developers rush to get rid of SEZs in 2009The mad rush to set up special economic zones that house export-oriented manufacturing units three years ago turned cold in 2009, as demand for commercial space waned due to the global meltdown.Rentals for commercial complexes fell sharply and the land, developers felt, could be employed for other purposes. Realty major DLF got four such SEZs denotified by the Commerce Ministry, citing lack of demand for commercial space, and Parsvanath has put 12... Mangalore Public Audit Background DocumentsBackground NoteDownload (MSWORD) Background note on Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) Download (MSWORD) Artists join hands against MSEZMANGALORE October 5, 2009: The movement against Mangalore Special Economic Zone (MSEZ) got one more shot in the arm as artists expressed solidarity against the project.As many as 24 pieces of art at Shrishti Stithi Laya exhibition, organized by Karavali Karnataka Janaabhivriddhi Vedike here on Sunda... Minister warns against non-utilisation of allotted landMysore, October 02,2009 (UNI): Karnataka Minister for Large and Medium Scale Industries R Nirani has warned that the lands allotted for starting industries would be taken if the entrepreneurs fail to start the industries.Speaking to reporters here yesterday, he said a survey has already been launche... Govt to consider 10 SEZ withdrawal proposals tomorrowNew Delhi October 04,2009 (PTI): The government will consider several proposals on Monday for withdrawal of special economic zones approvals as the promoters have developed cold feet due to slump in demand for commercial space.The Board of Approval in the Commerce Ministry will also take up the appl... Videocon SEZ on, but at new location, says DhootAlka KshirsagarPune, August 28, 2009: A day after the Maharashtra Government ordered that a Special Economic Zone (SEZ) promoted by electronics and white goods maker Videocon at Wagholi be scrapped, Group Chairman, Mr Venugopal Dhoot, said the SEZ would come up at another location in Pune district.... Land acquisition and rehabilitation lawsWalter FernandesAugust 21, 2009 The Rehabilitation of Displaced Persons Bill 2007 and Amendments to the Land Acquisition Act 1894 were passed by the 14th Lok Sabha in February but were defeated in the Rajya Sabha. They were to be placed before the budget session of the present Parliament but it was n... Draft SEZ guidelines require developers to build low-cost housesAsit Ranjan MishraNew Delhi August 18, 2009: Developers of special economic zones (SEZs) may soon have to present a development plan for 20-25 years and ensure that at least 50% of the those employed in facilities inside these tax-free enclaves reside within them. According to draft guidelines for th... AP coastal crisis leaves fishermen maroonedKeya Acharya15 August 2009: It is 2 pm in the blazing summer sun at Pudumadaka beach, Vishakapatnam’s most important fish-landing centre, 60 km away from the city, in Andhra Pradesh. The old, British-era lighthouse, now newly-painted red and white, stands in mute testimony to the age-old use of t... Column : Special for some, but not for RBIAmitendu PalitThe international evidence on successful special economic zones underlines the significance of strategic location, geographical size, functional autonomy, efficient administrative frameworks and leading role played by private developers as the key drivers of success. However, a critica... |
