Live Markets »News & Advice»Market News»Market News Details
Market News Details
Back

23,779 hectares of SEZ development land lying vacant: Suresh Prabhu

Press Trust of India/New Delhi 11 Feb 19 | 03:45 PM

Commerce and Industry Minister Suresh Prabhu

As much as 23,779 hectares of land marked for the development of special economic zones is lying vacant, Parliament was informed Monday.

Related Stories

    No Related Stories Found
Widgets Magazine

"In respect of 369 notified SEZs (including 7 central government SEZs and 11 State/Private Sector SEZs), 23,779.20 hectares of land is vacant in these SEZs as on 30.08.2017," Commerce and Industry Minister Suresh Prabhu said in a written reply to the Lok Sabha.

He said that land for setting up of Special Economic Zones (SEZs) is acquired by the state governments as per the policy and procedures of the respective states.

ALSO READ: Have taken up 'angel tax' issue of startups with FinMin: Suresh Prabhu

The Board of Approval (BoA), chaired by the commerce secretary, for SEZs only considers proposals for setting up of new zones which have been duly recommended by the state government, he added.

Exports from these SEZs grew by about 15 per cent to Rs 5.52 trillion in 2017-18.

Widgets Magazine

Sensex

Company Price Gain (%)
O N G C137.101.48
Tata Motors163.001.18
Axis Bank692.600.88
NTPC136.850.48
IndusInd Bank1,516.950.47

Poll

Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine