Gurgaon, January 16, 2008: The commerce and industry minister, Mr Kamal Nath, today ruled out any rethinking on the SEZ Act, stating that it was an act of Parliament and had been very successful in generating employment and investment. With much debate generated over the SEZ Act following the Goa imbroglio, several quarters were contemplating whether an amendment would be brought in to allow denotification of SEZs. Continue reading ‘No re-look at SEZ Act: Kamal Nath’
Daily Archive for January 17th, 2008
New Delhi, January 17, 2008: The Board of Approval for Special Economic Zones may ask the Goa government to pay compensation to the developers of the three notified zones in the state for scrapping these projects. Continue reading ‘Goa govt may have to pay SEZ developers’
New Delhi, January 17, 2008: The Board of Approval for special economic zones will consider the state government’s request to scrap all SEZs in Goa in its meeting next month. The issue of denotifying the three SEZs which have already been notified, however, has to be primarily settled between the Goa government and developers of the SEZs, a senior ministry official said. Continue reading ‘Goa SEZ ball now in BoA court’
Amiti Sen & Deepshikha Sikarwar, TNN
New Delhi, January 17, 2008: The Adani Group, which has run into trouble with its multi-product SEZ at the Mundra Port in Gujarat, has finally something to cheer about. The group’s proposal for a second SEZ at Dholera in Gujarat, which too was being questioned by the finance ministry for its proximity to the Dholera port, has been given the go-ahead, sources said. The coast is now clear for the proposal to be taken up by the board of approval (BoA). Continue reading ‘BoA clears Adani Group SEZ at Dholera’
Pune, January 17, 2008: From being a socialist and an associate of Jayaprakash Narayan, Madhu Dandavate and SM Joshi to promoting a special economic zone (SEZ), Sopan Bhor has certainly come a long way while keeping his principles intact. Continue reading ‘SEZtful Bhor makes his presence felt’
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