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The Indian government said it would continue to approve proposals for setting up new special economic zones or SEZs, pending changes in guidelines to starting them, say media reports.
The Board of Approval or BoA of the SEZs is slated to meet on December 15 to consider fresh proposals for setting up these tax-free enclaves, besides other requests, a government official said.
The 19-member, inter-ministerial BoA, is chaired ex-officio by the Commerce Secretary, presently, Rahul Khullar.
The government is yet to finalize new SEZ norms, for which it has invited comments from the public on site-identification, land-acquisition, development plans, role of state governments and physical infrastructure.
The draft guideline stipulates that cultivable land should be considered, only if no other category of land was available in the required extent. The first preference should be given to acquiring waste and barren land, followed by single-crop land and double-crop land necessary to meet the contingency. requirements, it said.
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