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No SEZ in Bihar

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..... No SEZ in Bihar
News and Press Release
Dated:- 14-12-2011

Press Information Bureau Government of India Ministry of Commerce & Industry 14-December-2011 17:05 IST A SEZ may be set up either jointly or severally by the Central Government, State Govt. or any person for manufacture of goods or rendering services or for both or as a free trade warehousing zone. Such proposals duly re .....

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..... commended by the concerned State Government are considered by the Board of Approval for SEZs. No such proposal recommended by the Govt. of Bihar is pending with this Department. In addition to seven Central Government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs set up prior to the enactment of SEZ Act, 2005; formal approval has been accorded to 582 proposals out of which 382 .....

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..... SEZs have been notified. A total of 148 SEZs are already exporting. A statement containing state-wise distribution of SEZs is annexed. As on 30th September, 2011, the total investment of Rs. 2,77,259 crore approximately has been made in SEZs. SEZs being set up under the SEZ Act, 2005 are primarily private investment driven. Upto 10th December, 2011, upon the requests of the developers, the .....

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..... Board of Approval on SEZs has approved 39 cases of de-notification of SEZs subject to the refunded of duty benefits availed, if any, by the developer. Out of 39 cases, 23 relate to information technology/information technology enabled services, five are biotechnology and two each are engineering and textile industry and one each are power, apparel, handicraft, stainless steel & ancillary/downstrea .....

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..... m industry, agro, gems & jewellery and services SEZs. Reasons given for these requests include economic meltdown, imposition of Minimum Alternate Tax (MAT) and Dividend Distribution Tax (DDT) on SEZs etc. In all such cases, either the developers have not availed of duty benefits or the developers are willing to refund/ refunded benefits if availed. Annexue State-wise distribution of approved SE .....

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..... Zs State Formal Approvals Notified SEZs Exporting SEZs (Central Govt. + State Govt./Pvt. SEZs + notified SEZs under the Act, 2005) Andhra Pradesh 109 75 37 Chandigarh 2 2 1 Chhattisgarh 2 1 0 Delhi 3 0 0 Dadra & Nagar Haveli 2 1 0 Goa 7 3 0 Gujarat 45 30 14 Haryana 47 36 3 Jharkhand 1 1 0 Karnataka 60 38 20 Kerala 28 20 6 Madhya Pradesh 14 5 1 M .....

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..... aharashtra 102 63 18 Nagaland 2 1 0 Orissa 10 5 1 Puducherry 1 0 0 Punjab 8 2 0 Rajasthan 10 9 4 Tamil Nadu 71 57 30 Uttar Pradesh 34 21 8 Uttarakhand 2 1 0 West Bengal 22 11 5 GRAND TOTAL 582 382 148 This information was given by Shri Anand Sharma, Minister for Commerce, Industry and Textiles in written reply to a question in Rajya Sabha today. DS/GK

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..... R> News - Press release - PIB .....

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