The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved to introduce a Bill, namely, the Special Economic Zones (Amendment) Bill, 2019 that is the Bill to replace the Special Economic Zones (Amendment) Ordinance, 2019 (12 of 2019).  The Bill will be introduced in ensuing session of the Parliament.

After the amendment of sub-section (v) of section 2 of the Special Economic Zones Act, 2005, a trust or any entity notified by the Central Government will be eligible to be considered for grant of permission to set up a unit in Special Economic Zones.

Special Economic Zones amendment expands eligibility to trusts and notified entities for permission to set up units in SEZs. Amendment expands eligibility to allow trusts and other entities notified by the Central Government to be considered for permission to establish units within Special Economic Zones by amending the applicable definition in section 2 of the Special Economic Zones Act, replacing the earlier Ordinance.