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of <h1>Government Rescinds SEZ Status for 1.51 Hectares in Bengaluru; Land to Be Used for IT Infrastructure Development.</h1> The Central Government has rescinded Notification Number S.O. 1030(E) dated 30th March 2017, which designated 1.51 hectares in Sadarmangala Village, Bengaluru, as a Special Economic Zone (SEZ) for IT/ITES. M/s. Information Technology Park Limited, the entity behind the SEZ proposal, sought the de-notification, which has been supported by the Karnataka State Government and the Development Commissioner of the Cochin SEZ. The land will now be repurposed for IT infrastructure development outside the SEZ framework. This decision is made under the Special Economic Zones Rules 2006, maintaining actions taken prior to this rescission.
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