BoA meet on 36 SEZs put off to January 2

By Staff
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Google Oneindia News

New Delhi, Dec 9: The board of approvals (BoA) of the Union Commerce Ministry has again postponed its meeting to take up proposals of 36 special economic zones (SEZs) to January 2, official sources said.

First scheduled to be held on November 29, the BoA meet was postponed to December 12 in view of the pre-occupation of the Ministry officials with the India-European Union summit held in New Delhi on November 29.

The proposals, which the BoA are to take up for consideration, include those by state-owned steel major SAIL, realty firm DLF and drug maker Dr Reddy's Laboratories.

These also include eight proposals for tax-free zones made by TIDCO, a Tamil Nadu government enterprise, in the fields of phramaceuticals, logistics, electronics and hardware, auto components, engineering, information technology and IT-enabled services and bio-technology.

Of the 36 proposals, which will now come up for consideration on January 2, nine are related to IT and ITeS, the list released by the Ministry said.

The two proposals envisaging multi-product SEZs in 1,000 hectares each by private companies, which were earlier deferred for consideration on December 12, will also now be taken up on January 2, the Ministry added.

One proposal by Sengadu Projects to be set up in Tamil Nadu was earlier considered by the BoA on October 19 but was deferred to December 12. The second mutle-product SEZ is, however, a new proposal. Both mega projects have got the nod of the Tamil Nadu government, the sources added.

UNI

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