Special Economic Zones (SEZ)

  • After coal, gas is Adani goal

    To Invest Rs 14K Cr at Mundra In LNG Terminal, Gas-Based Power Plant Harit Mehta | TNN Ahmedabad: After coal, Ahmedabad-based Adani group has set its eyes on gas.

  • Why is the Left giving up Singur's arable land for Tata's cars?

    Why is the Left giving up Singur's arable land for Tata's cars?

    <i>The Hindu</i> of December 13, 2006 published a write-up on Singur on its op-ed page: "Some facts, please' by <font class="UCASE">cpi(m</font>) politburo member and leading intellectual Brinda Karat. She was countering what she called a smear campaign against the <font class="UCASE">cpi</font><font class="UCASE">m)</font> over the acquisition of land for the proposed Tata Motors project at Singur. There are some more facts, however, that I would like to bring to her notice. But before that I would also like to thank her for having brought some key issues to the fore.

  • Goa CM against Centre`s SEZ plans

    Goa CM against Centre's SEZ plans

    On New Year's eve, Goa Chief Minister Digambar Kamat declared that his government had decided "to do away with' the special economic zones (sezs) in their present form and had asked the centre to

  • CM's no to SEZs on farm land

    In an effort to preserve the productive area for, the state government has decided not to allow setting up of any special economic zone (SEZ) on agricultural land, however, the entrepreneurs willing to invest on the barren land are most welcome. Rather, the government will facilitate investors, who are willing to invest in barren areas, claimed Himachal Pradesh Chief Minister Prem Kumar Dhumal. Dhumal was interacting with mediapersons after inaugurating a new OPD complex, at Nurpur Civil Hospital, here today. It has been made at a cost of Rs 119 crore.

  • SEZ in Hargarh soon: CM

    Bhopal, Feb 17: Chief Minister Shivraj Singh Chouhan laid the foundation stone of new industrial area in village Hargarh in Jabalpur district. On this occasion he said that a proposal has been forwarded to the Union government for establishing a special economic zone (SEZ) at Hargarh.

  • Villagers prevent people from entering Esselworld

    In protest of Special Entertainment Zone being constructed in the area, residents of villages near Thane surrounded the Esselworld theme park on the outskirts of the city and prevented people from entering there, sources said on Monday. The zone spread over 1000 hectares and is being constructed in the Gorai-Manori-Uttan area in neighbouring Thane by Essel Infraprojects Limited, a subsidiary of the Essel Group.

  • Sonia, PM all ears to farmers ahead of kisan budget

    AHEAD of the Union budget, which is expected to make major announcements for the farm sector, Congress president Sonia Gandhi and Prime Minister Manmohan Singh met farmers' representatives from Maharashtra, Haryana and Rajasthan here on Thursday. A large number of farmers from these states were given audience with Ms Gandhi at her 10 Janpath residence in a bid to give her an opportunity to directly understand their problems, the party said. Congress leaders who attended the meeting said Ms Gandhi had assured them that "she would talk to PM and the FM' about their concerns. However, the Congress chief has already conveyed her message to the government that the budget should be aimed at the

  • Sylhet chamber chooses lands for special economic zone

    Sylhet Chamber of Commerce and Industry (SCCI) has selected 1,000 acres of land for setting up an special economic zone in order to attract investment especially from the non-resident Sylheties. The special economic zone, adjacent to Fenchuganj-Tamabil Bypass Road Link, will provide land and other infrastructural facilities to the entrepreneurs to set up manufacturing and other industrial units. "We will submit the proposal to the government for acquiring the land,' said SCCI President Junnun Mahmud Khan. He said the chamber has completed a feasibility study on setting up a special economic zone or an industrial park in Sylhet division from where a large number of expatriates are living mainly in the UK and USA. The SCCI has also signed a memorandum of understanding with the British-Bangladesh Chamber of Commerce and Industry (BBCCI) in 2006. Under the deal, the BBCCI will bring together the non-resident Sylheties to invest in the economic zone. It is expected that 65 percent land of the zone will be provided to the expatriates. According to the feasibility study, Sylhet has available land, abundant natural and forest resources to set up an economic zone or industrial park. There is an ample scope to increase production of various agricultural commodities. In Sylhet division, there is also scope to increase fish production through undertaking aggressive programmes and activities. Sylhet has economically significant storage of minerals for industrialisation. Natural gas, limestone, sand stone and sand, glass sand and coal are available in this region. Some supports should be provided to the non-resident Sylheties to encourage investment. The supports include investment security, one-stop services cell for registration, licensing and regulatory formalities, prompt and easy access to physical infrastructure like plots and utility connections, access to institutional support for identification of the reliable and good local partners, strong access to business support services such as banks, insurance and shipping, easy access to reliable expert and consulting services, access to amenities and recreation facilities, and cargo shed and jet fueling station in Sylhet airport, the study said. In the economic zone, there will be scope for establishing power plants, agro processing units, re-rolling mills and steel casting mills, said Nasim Hussain, senior vice-president of SCCI. As the seven sister states of India are very near from Sylhet, the entrepreneurs or the investors will have an easy access to the seven sisters to export their products, he said. "We are hoping to get a huge response from the Sylheti expatriates,' he added. Sarwar@thedailystar.net

  • Mangalore SEZ fate to be decided on Thursday

    The state government has said the Centre has been satisfied with the outcome of the public hearing regarding the Mangalore special economic zone (MSEZ) and a final meeting on the crucial environmental management plan (EMP) of the project has been fixed for February 28. "If we get the approval after the Thursday's hearing, work can start on the project,' Karnataka Governor's advisor Krishna Kumar informed Deccan Herald. The meeting will be held by the technical committee of the Expert Committee for Infrastructure Development and Miscellaneous Project, set up by the Union Ministry of Environment and Forests. The farmers have been opposing the acquisition of land. They have urged the Government to reject the EIA (Environmental Impact Assessment) report on the project. According to the advisor, a total of 1,750 acre, out of the 2500 acre needed for the SEZ, has already been acquired. "The government has issued notification for 300 acre for acquisition. We are discussing the issue with the farmers,' he added. On the public hearing, Krishna Kumar said the Union ministry has prepared the report on the EIA of the project and circulated it to the gram panchayats. "The GPs wanted the copies in Kannada and we have translated and given these copies. The ministry has concluded that the public hearings were held as per law. The meetings were held in January and February. Now the technical committee will hear the EMP. If we get the approval after the meeting, we can start work on the project. We have come a long way in the last 2-3 months regarding this multi-product SEZ,' Kumar stated. Promoters The Rs 35,000 crore SEZ is being set up by the Oil and Natural Gas Corporation (ONGC) as anchor co-promoter using a special purpose vehicle owned by its subsidiary Mangalore Refinery and Petrochemicals Limited (MRPL), which will hold a 46 per cent stake. The other equity-holders are the Karnataka Government, Kanara Chamber of Commerce and Industry and Infrastructure Leasing and Financial Services Limited. ONGC would hold 26 per cent of the equity in the incorporated company. The State government would hold 23 per cent and the balance 51 per cent would be jointly owned by KCCI and IL&FS. The New Mangalore Port Trust (NMPT) is understood to have shown interest to join the SEZ, subject to approval from the Ministry of Shipping, Road and Transport. If NMPT joins, the combined equity of KIADB and NMPT would be 23 per cent. The MRPL has envisaged projects such as an LNG terminal, C2-C3 separation units and aromatic and olefin complexes in the petrochemical component of the SEZ. The SEZ will also include a refinery, a power plant, a gas terminal and a pipeline.

  • Govt scraps 8 Goa SEZs

    First reversal after last year's protests in the state. As many as eight Special Economic Zones (SEZs) proposals in Goa were scrapped at one stroke by the inter-ministerial Board of Approvals, which met here today. The Board also decided to ask 12 developers in the state why their zones should not be cancelled. This is the first incident of a reversal of a Central policy, following a strong anti-SEZ movement in Goa last year that had threatened to bring down the Digambar Kamat-led Congress government. SEZs are underwritten by a central law passed by Parliament in 2005 that permits special taxation and other fiscal benefits to the developers and the units inside these zones. The Goa government, on December 31, 2007, had recommended that the Centre scrap all the zones in the state following widespread public protests. Anti-SEZ protesters had argued that the zones will put extra pressure on the already fragile infrastructure in the state and lead to a dilution of the Goan identity. Their argument was that "outsiders' would flood Goa in search of SEZ jobs that the locals will not be able to fill. This cancellation is the first time in history that ethnic issues have led to reversal of central industrial policy. Formally approved zones that are facing withdrawal of status include Inox Mercantile Company's 48-hectare Biotech zone in Verna, Panchbhoomi Infrastructure Pvt Ltd's 18.5-hectare infotech zone in North Goa and a 48-hectare Infotech zone of Paradigm Logistics in Verna. "We are following the principle of natural justice and are sending showcause notices to 12 formally approved zones. Proposals that were sent by the state and were yet to be considered by the Board of Approvals will be treated as withdrawn,' said Commerce Secretary Gopal Krishna Pillai, who heads the board. Three controversial SEZs in Goa

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