SEZs to create over one lakh new jobs by December-07; Kamal Nath

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New Delhi, Sept 13 (UNI) Union Commerce and Industry Minister Kamal Nath today said more than one lakh additional jobs will be created by special economic zones in the country by December-end, adding new SEZs have already provided 45,000 jobs.

Addressing the annual general meeting of the Export Promotion Council for EOUs and SEZ Units (EPCES) here today, he said new and old SEZs are already providing direct employment to over 2.30 lakh people. Once all the 366 approved SEZs become operational, 40 lakh additional jobs are likely to be created, he added.

The minister said most of new jobs have been provided to rural youth from villages in the vicinity of SEZs, claiming this has transformed their lives and also lives of their families.

Besides generating employment, Mr Kamal Nath said SEZ policy is going to play a very important role in increasing exports, creating world class infrastructure and attracting foreign direct investment in the country in the next one decade. '' SEZs are certainly going to play a very important role by providing inclusive growth in the country,'' he added.

He called for a coordinated effort by all stakeholders so that SEZ scheme can fulfill its objectives and is implemented efficiently by the state governments by providing single window facilities and all other promised benefits.

Stating that various issues relating to export-oriented units (EOU) scheme have been resolved after discussing with EPCES, the minister said the major issue of sunset clause has yet to be resolved, though it has been discussed with the Prime Minister's Economic Advisory Council.

UNI

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