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Essar Steel allowed to surrender SEZ
New Delhi: The Centre has allowed Essar Steel to surrender its sector-specific SEZ in Gujarat,as the developer is facing an exodus of units from the zone.
The company-promoted Essar SEZ Hazira Ltd requested de- notification of the zone because its two existing units had reportedly decided to opt out of the SEZ due to the adverse effects of the global recession on steel markets. The denotification decision was taken by the inter- ministerial Board of Approval (BoA) headed by Commerce Secretary Rahul Khullar. The de-notification approval comes in the backdrop of developers losing interest in tax free zones as the proposed Direct Tax Code has denied benefits to new SEZs. Income Tax exemptions were the biggest attraction among SEZ developers and unit holders.
The two units,which want to leave the SEZ,have already been granted in-principle exit approval by the DC concerned.
Essar had set up four units at the SEZ in Hazira to consolidate steel exports,in view of buoyancy in the steel industry in 2006.
PTI
AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) will set up a museum of water pumps that have been taken off from the pumping stations and lying idle in the godowns. Some of these pumps date back to Lord Curzon’s time. We have a great collection and this can serve as a learning experience for engineering students, Municipal Commissioner I P Gautam said.
He added that the proposed museum would come up near the Kotarpur water works. There are around 70 pumps with the AMC that can be put on display.
Bomb hoax at High Court
Ahmedabad: Police and Bomb Disposal Squad,after an extensive search of the Gujarat High Court premises,declared that an e-mail bomb threat received by the court was a hoax. The High Court had received an e-mail saying the court will be blown up on Thursday,following which police and BDS were rushed to the High Court,police said. However,after extensive search it was found that the e-mail was a hoax as no explosive or any other incriminating substance were found,the police said. The police are now investigating as to who e-mailed the threat letter,officials said.
SSG Hospital adds 250 beds to neonatal unit
VADODARA: Sir Sayajirao General (SSG) Hospital has added 250 beds at the state-of-the-art obstetrics and neonatal unit. The new unit will be open for the public from Saturday. The new unit has been constructed at the cost of Rs 5.5 crore with donations raised by the Baroda Medical College Alumni Association and funds from the state government. The four-storeyed unit is equipped with three obstetrics operation theatres,16-bedded neonatal intensive care unit and eight beds especially allotted for kangaroo mother care. Now with the introduction of these units,we will have a better grip on the situation. Besides,we are planning to have 20 more NICUs in future, said Dr Bakul Javdekar,head of paediatric department.
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