Monthly Archive for February, 2008

SEZ policy soon, says Kodiyeri

Thiruvananthapuram, February 06, 2008: Minister for Home and Tourism Kodiyeri Balakrishnan has said that the government would soon come up with a clear-cut policy on the launch of the Special Economic Zones (SEZs) in the State. Inaugurating the annual convention of the Trivandrum Management Association ‘TRIMA 2008’ here on Wednesday, the Minister said the policy would take into account the unique constraints of Kerala, particularly land. Continue reading ‘SEZ policy soon, says Kodiyeri’

NREGS likely to be expanded, says Minister

Davangere, February 06, 2008: Union Minister of State for Planning M.V. Rajasekharan has said that the Government has issued orders directing the administration not to acquire agriculturally viable land for Special Economic Zones (SEZ). He clarified that only dry and parched land could be acquired. Continue reading ‘NREGS likely to be expanded, says Minister’

Keri villagers support Cipla’s SEZ in Goa

Keri, February 7, 2008 (PTI): After getting snubbed for its Special Economic Zones (SEZ) project, Cipla’s Meditab Specialities Pvt Ltd (MSPL) got some relief when majority of villagers here through a resolution, supported the plant in industry form. Continue reading ‘Keri villagers support Cipla’s SEZ in Goa’

MPEDA plans to set up two marine SEZs

Kochi, February 7, 2008: The Marine Products Export Development Authority (MPEDA) is planning to set up two special economic zones (SEZs) exclusively for marine products. Addressing a press conference here, Chairman G Mohan Kumar said the zones would be free to import fish for re-exporting. Continue reading ‘MPEDA plans to set up two marine SEZs’

Farmers` SEZ face a rough ride

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. Continue reading ‘Farmers` SEZ face a rough ride’

EGoM meeting on SEZs deferred

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. Continue reading ‘EGoM meeting on SEZs deferred’

Scrapping of EGoM meet irks PE firms

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. Continue reading ‘Scrapping of EGoM meet irks PE firms’