Ministry clarifies on SEZs

Our Bureau

New Delhi, Jan. 23

The Commerce Ministry on Tuesday clarified that the new approvals and
notifications for Special Economic Zones (SEZs) have been temporarily
held in abeyance, pending decisions by the Empowered Group of Ministers
on SEZs.

In a statement issued here, it said that the SEZ developers and other
stakeholders have expressed apprehensions about the future of
investments made by them in relation to the SEZ projects, following
media reports highlighting the decisions of the Empowered Group held
here on Monday.

The meeting was inconclusive and hence the Empowered Group was likely to
meet shortly and final decisions would be taken on all pending issue,
the official statement said.
http://www.thehindubusinessline.com/2007/01/24/stories/2007012402791400.htm