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of <h1>SEZ Approval Committee Empowered to Regulate Imports, Investments, and Operational Compliance with Broad Discretionary Powers</h1> The statutory provision outlines the powers and functions of the Approval Committee in Special Economic Zones (SEZ). The committee is authorized to approve imports, services, monitor utilization, approve unit proposals, allow foreign investments, supervise compliance, and perform other functions assigned by government authorities. The committee has discretionary powers to approve, modify, or reject proposals related to manufacturing, services, warehousing, and trading within SEZs, with a referral mechanism to the Board of Approval for complex determinations.
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