Benefit to Rural and Agro Industries from SEZs

Since Special Economic Zones (SEZs) Act, 2005 and Rules, 2006 were notified in June, 2005 and February, 2006 respectively, formal approvals have been granted for setting up of 9 SEZs for Agro and Food Processing sector, out of which, 8 SEZs have been notified. Presently 4 SEZs are exporting.

 The physical exports from Agro and Food Processing SEZs as on 31st December, 2014 i.e. in the first three quarters of the current financial year 2014-15 have been to the tune of ₹ 676.75 crore having the share of 0.19% to the total physical exports from SEZs.

 This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.