The commerce ministry on Friday came out with a discussion paper proposing a revamp of the current SEZ policy. The paper highlights the concerns over land acquisition. The paper admitted land availability for SEZs had become a constraint in the recent past and the situation was accentuated by fairly onerous requirements of minimum size, contiguity, predominantly non-double cropped land and non-compulsory acquisition. The paper also said there was a need to review aspects like minimum area criteria for SEZs.
Commerce ministry floats discussion paper on revamp of SEZ policy
The commerce ministry on Friday came out with a discussion paper proposing a revamp of the current SEZ policy.
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This article was first uploaded on November twelve, twenty eleven, at forty-two minutes past two in the night.