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    <description>Rule 6(2)(a) of the Special Economic Zones Rules, 2006 fixes a three-year validity for letters of approval to SEZ developers, subject to extension by the Board of Approval on application. Developers requested extensions due to adverse business conditions, statutory or environmental clearance delays, low demand for SEZ space, and changes in fiscal incentives; the Board granted extensions after case-by-case consideration, as reflected in a state-wise tally of approvals extended.</description>
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