Kaustubh Kulkarni

Pune, February 5, 2008: Political wrangling has created hurdles and uncertainties for the project. When farmers decide to have their own Special Economic Zone, there may not be violence. But the road is not smooth as farmers of Avsari Khurd in Maharashtra have discovered. (more…)

New Delhi, January 5, 2008: The meeting of the empowered group of ministers on special economic zones (SEZs), which was scheduled for Monday to look at important issues like the removal of land ceiling for Reliance’s Jhajjar project and DLF’s Gurgaon project, has been postponed. (more…)

Arun S

New Delhi, February 5, 2008: This week’s government decision to cancel the empowered group of ministers meeting, which was to take a final call on crucial decisions on special economic zones (SEZ), dented the ambitious plans of private equity (PE) firms to invest in these tax-free enclaves. Many PE firms plan to withdraw from their proposed SEZ investment plans as the frequent changes in the SEZ policy makes their investment look unviable. (more…)

New Delhi, February 5, 2008: With political uncertainty surrounding mega SEZs, at least one global investor is having second thoughts. Blackstone Group has decided to opt out of its investment commitments in more than one SEZ project in north India. (more…)

Mangalore, February 5, 2008: A conclave of the RSS and BJP leaders from coastal region was held on city’s outskirts on Monday to decide their stand on the Mangalore Special Economic Zone (MSEZ) project. (more…)

Sutanuka Ghosal

Kolkata, February 5, 2008: The Union commerce ministry has summoned seven states — Andhra Pradesh, Gujarat, Haryana, Karnataka, Maharashtra, Tamil Nadu and West Bengal — to ascertain cboth formal and in principle. The meeting is to take place on February 18, when the Board of Approvals (BoA) meets to clear several pending and fresh SEZ applications from different states. (more…)