India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia
Published on India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia (http://admin.indiaenvironmentportal.org.in)

Home > News > Finmin opposes liberalising SEZ policy > Finmin opposes liberalising SEZ policy

Finmin opposes liberalising SEZ policy [1]

New Delhi Says commerce ministry’s suggestion for change in norms will only facilitate ‘land grabbing by pvt sector’

Finance ministry has strongly opposed the proposal to further liberalise the norms for Special Economic Zones (SEZs), saying the commerce ministry’s suggestion will only facilitate “land grabbing by the private sector”. The commerce ministry recently sought relaxation in the minimum area requirement and the land contiguity norms for SEZs in a bid to prop up export growth from these zones. Growth in exports from SEZs is still in double digits, but lower than overall export growth, raising questions over the need for these enclaves that enjoy sundry tax sops

Publication Date: 
06/07/2012
Kirtika Suneja [2], Gireesh Chandra Prasad [3]
Financial Express (New Delhi) [4]
Tags:
Ministry of Commerce and Industry [5], Special Economic Zones (SEZ) [6], Land Acquisition [7], Infrastructure Development [8], Industry [9], Land [10]
Centre for Science and Environment
National Knowledge Commission Government of India

Technology Partners: MimirTech


India Environment Portal by Centre for Science and Environment is licensed under a Creative Commons Attribution-Share Alike 2.5 India License.


Source URL: http://admin.indiaenvironmentportal.org.in/news/finmin-opposes-liberalising-sez-policy

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/finmin-opposes-liberalising-sez-policy
[2] http://admin.indiaenvironmentportal.org.in/category/author/kirtika-suneja
[3] http://admin.indiaenvironmentportal.org.in/category/author/gireesh-chandra-prasad
[4] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-commerce-and-industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/special-economic-zones-sez
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-acquisition
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/infrastructure-development
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land