BoA meet on 36 SEZs put off to December 12

By Staff
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Google Oneindia News

New Delhi, Nov 29 (UNI) The board of approvals (BoA) of the Union Commerce and Industry Ministry put off its meeting scheduled for today to take up proposals of 36 special economic zones (SEZs) in view of preoccupation of the Ministry officials with India-European Union summit held here today.

The proposals which were to be taken up for consideration included those by state-owned steel company SAIL, realty firm DLF and drug maker Dr Reddy's Laboratories. These also included eight proposals made by TIDCO, a Tamil Nadu government enterprise, in the fields of pharmaceuticals, logistics,electronics and hardware, auto component, engineering, information technology and IT-enabled services and bio-technology.

Of the 36 proposals, as many as nine were related to IT and ITeS.

The only two proposals envisaging setting up of multi-product SEZs in 1,000 hectares each by two private companies were also among those deferred for consideration. The one by Sengadu Projects Pvt Ltd to be located in Villupuram district of Tamil Nadu was also considered but deferred by BoA during its last meeting held on October 19. The second proposal by St John Global Industrial Park Pvt Ltd, also to be located in Tamil Nadu, is, however, a new proposal. Both mega projects in tax-free zone have, however, got the nod of the Tamil Nadu government.

UNI

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