Monthly Archive for March, 2008

Establish exclusive SEZs for women: forum

Tirunelveli, March 16, 2008: The International Women’s Day celebrations organised here on Saturday by Social Change and Development, a non-governmental organisation, urged the Central and State Governments to establish banks and special economic zones (SEZ) exclusively for women. Continue reading ‘Establish exclusive SEZs for women: forum’

A poor defence of costly SEZs

March 14, 2008: Are India’s special economic zones (SEZs) proving to be as great as promised? The debate is picking up again, with commerce minister Kamal Nath facing the heat in the Rajya Sabha on Wednesday. Not just the Left and the Opposition, but many from his own party—the Congress—were worried over the possible misuse and violation of SEZ norms. Continue reading ‘A poor defence of costly SEZs’

City SEZ close to getting 4th MRO

Nagpur, March 15, 2008: The city is fast emerging as an international aircraft maintenance hub. Yet another aviation maintenance, repair and overhaul (MRO) facility is set to come up at the special economic zone (SEZ) here. Continue reading ‘City SEZ close to getting 4th MRO’

Jindal Stainless plans SEZ in Orissa

Hissar (Haryana), March 14, 2008: Steel maker Jindal Stainless plans to set up a SEZ on 300 acre of land close to its plant in Jajpur, Orissa, for the metallurgy engineering industry and downstream activities. “We are planning to have a SEZ next to our plant in Orissa for downstream activities. Continue reading ‘Jindal Stainless plans SEZ in Orissa’

Govt urged to buy farm produce directly

Mangalore, March 14, 2008: The Karnataka Pranta Raitha Sangha (KPRS) has urged the Government to directly purchase agriculture produce from farmers to boost their income level. Continue reading ‘Govt urged to buy farm produce directly’

Raheja engg SEZ to involve Rs 4,535-cr investment

New Delhi, March 14, 2008: Real estate company Raheja Developers on Friday said its proposed engineering SEZ in Gurgaon — which recently got notified — would involve an investment of about Rs 4,535 crore. This would be funded through a mix of internal accruals, debt and PE placement. Continue reading ‘Raheja engg SEZ to involve Rs 4,535-cr investment’

SEZz in new and renewable energy sector

New Delhi, March 14, 2008: Indian Renewable Energy Development Agency (IREDA), a non-banking financial company is envisaging formation of a Special Purpose Vehicle to facilitate setting up a Special Economic Zone (SEZ) for production of renewable energy equipment. IREDA is discussing the issue with interested State Governments and Private Sector. Continue reading ‘SEZz in new and renewable energy sector’