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of <h1>SEZ Creation: Comprehensive Pathway for Government and Private Entities to Establish Economic Development Zones with Strategic Approvals</h1> Legal Summary of Special Economic Zone (SEZ) Establishment Procedure:The statutory provision outlines the comprehensive procedure for establishing a Special Economic Zone (SEZ). Entities including central government, state government, or private parties can propose SEZ creation for manufacturing, services, or warehousing. Proposals can be submitted directly to the state government or the Board, with mandatory approvals, recommendations, and potential modifications. The Central Government retains ultimate authority to grant approval, prescribe land requirements, and determine developer obligations and entitlements.
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