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This is an archive article published on October 3, 2003

Two more SEZs in Rajasthan, Bengal

Thenion government has approved the proposal for setting up two more special economic zones (SEZs) at Boranada in Rajasthan and Manikanchan ...

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Thenion government has approved the proposal for setting up two more special economic zones (SEZs) at Boranada in Rajasthan and Manikanchan in West Bengal.

According to a notification issued by the Central government recently, Boranada SEZ will come up over an earmarked area of 450 bighas in Jodhpur district. The government had earlier cleared a SEZ near Jaipur.

Manikanchan SEZ will come up at Salt Lake in Kolkata. The SEZ has an approved area of 303.11 cottah (approximately 5 acres). The SEZ, as per the government policy announced in April 2002, is a deemed foreign territory within the country for the purpose of excise levies, customs duties and banking facilities. After the announcement of the policy, the government had converted various export processing zones (EPZs) into SEZs. These are SEZ are in Maharashtra, Gujarat (Kandla), Kerala (Kochi) and Gujarat (Surat).

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