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Dec 17, 2014
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Focus on existing SEZs, instead of new approvals
After India's top government auditor picked holes in the special economic zone (SEZ) policy and questioned the underutilisation of vast tracts of land by developers, a study commissioned by the Department of Commerce has recommended going easy on new SEZ approvals.Instead, it wants to turn the focus on operationalising existing SEZs - just about half the SEZs with all approvals have at least one functional export unit inside them.
Source -
http://economictimes.indiatimes.com
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