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of <h1>Central Government Cancels Gems and Jewellery SEZ in Surat, Gujarat After De-notification Proposal Approval</h1> The Central Government has rescinded the notification establishing a sector-specific Special Economic Zone (SEZ) for Gems and Jewellery in Ichhapor, Surat, Gujarat. Initially proposed by a private organization, M/s. Gujarat Hira Bourse, and notified in 2007, the SEZ covered an area of 73.87.97 hectares. Following a proposal by M/s. Gujarat Hira Bourse to de-notify the SEZ, the State Government of Gujarat and the Development Commissioner of Falta SEZ have given their approval. Consequently, the Central Government has officially canceled the SEZ notification, maintaining the validity of actions taken before this rescission.
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