Bihar Chief Minister Nitish Kumar
on Friday said that he stood vindicated on his opposition to the
Special Economic Zone (SEZ) amid its failure to serve the
purpose for industrial development in the country.
Opposition Bharatiya Janata Party
(BJP) in Goa on Wednesday alleged two former state chief ministers
Pratapsinh Rane and Luizinho Faleiro had allegedly facilitated allotment of land to the Special Economic Zone (SEZ) land scam.
The government on Tuesday approved six
proposals for setting up of special economic zones, including
that of gems and jewellery SEZ by Delhi State Industrial and
Infrastructure Development Corporation Ltd.
With an aim to rope in a strategic partner for its Haryana SEZ project, corporate giant Reliance Industries is believed to be in talks with IL&FS and a couple of other players for part-sale of its stake.
Haryana has received more than 100 proposals for setting up special economic zones (SEZs), which will bring investments worth Rs.50,000 crore and create 1.5 million jobs, a senior government official said Saturday.
At a time when overall outbound
shipments are contracting, the exports turnover from special
economic zones (SEZs) are likely to register a growth of 15
per cent to around Rs 1,15,000 crore this financial year.
The economic slowdown and the
problems in acquiring land is making developers re-think their
SEZ plans and 10 of them have approached the government
for withdrawal of approvals for setting up the tax-free