Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Government Approves 259 IT/ITES SEZ Proposals; 139 Developers Get Extensions Under SEZ Rules 2006 Due to Challenges.</h1> The government has approved 259 proposals to establish IT/ITES Special Economic Zones (SEZs) across the country. According to the Special Economic Zones Rules, 2006, developers have three years to implement approved proposals, with possible extensions granted by the Board of Approval. Extensions have been sought due to challenges like global recession, delays in state approvals, environmental clearances, and fluctuating demand. Over the past four years and up to mid-July 2016, 139 developers have received extensions to complete their projects. This information was disclosed by the Minister of State in the Ministry of Commerce and Industry in a written reply to the Rajya Sabha.