Sunday, December 24, 2006

No proposal to cap number of SEZs: govt

ECONOMY BUREAU
DATELINE

NEW DELHI, DEC 21 : The government on Thursday said it did not receive
any proposal to put a limit on the number of Special Economic Zones (SEZS).
The government, however, said it will take necessary steps to ensure
that more industrial units come up in such zones.

No capping issue came up at the meeting (of empoweredGroup of Ministers
on SEZs with Congress and Left Parties). “Some countries have small
number of SEZs but they host thousands of units. The issue is how do we
increase the number of units in these zones-we have to ensure this,”
commerce and industry minister Kamal Nath said.

When asked whether there was any proposal to limit the number of SEZs.
The meeting looked at the issue of land acquisition for SEZs. “The Co
gress and the Left had concerns over the possible misuse of land. They
also had concerns about the existing units shifting to the SEZs,” he said.

http://www.financialexpress.com/fe_archive_full_story.php?content_id=149603

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