Export Promotion Zones

 

A total of 48 proposals from Gujarat regarding setting up of Special Economic Zones (SEZs) have been accorded formal approval out of which 30 have been notified. A total of 10 SEZs are already exporting. Details like sector, location, area, etc. of SEZs are available on the website: www.sezindia.nic.in

Three Agriculture Export Zones (AEZs) have been set up in Gujarat. An investment Rs.30.33 crore have been made in these AEZs and exports of Rs.302.14 crore have been made.

As on 31st December, 2009, an investment of Rs.56,713 crore has been made in SEZs in Gujarat and direct employment for 47,324 persons has been generated. Also, total export of Rs.23,931.50 crore has been made from SEZs in Gujarat during the financial year 2008-09. Exports of Rs.67,052.15 crore have been made by SEZs in the state during the first three quarters of the current financial year.

The Approval Committees under the Development Commissioners constituted for each Zone, which comprise representatives from Customs, Income-tax, State Governments etc. have been directed to monitor the performance of the SEZ Units. This includes scrutiny of Annual Performance Report (APR), Quarterly Performance Report (QPR) and details of rent recovery. Failure to meet the requirements of the scheme or any violation attracts action under Foreign Trade (Development and Regulation) Act, 1992.

This information was given by Shri Jyotiraditya M. Scindia, Minister of State for Commerce and Industry, in a written reply in the Lok Sabha today.

 

RJ/MRS 

Trade law enforcement: monitoring of SEZ unit performance triggers regulatory action for non compliance under foreign trade law. Approval Committees under Development Commissioners, including customs, income tax and state government representatives, must monitor SEZ unit performance by scrutinising Annual Performance Reports and Quarterly Performance Reports and reviewing rent recovery; non compliance or scheme violations subject units to regulatory enforcement under foreign trade law, including action under the Foreign Trade (Development and Regulation) Act, 1992.