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    <description>The report sets out that 574 SEZ proposals were formally approved and 391 notified, with state-wise details of notified and operational zones, land area approvals and cumulative employment; it emphasises that land is a State subject, approvals require State recommendation and statutory conditions, SEZ units must meet a five-year cumulative Net Foreign Exchange obligation, Approval Committees monitor performance via APRs and QPRs, and non-compliance may attract action under the Foreign Trade (Development and Regulation) Act, 1992.</description>
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