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Change of Land Use in SEZs

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..... Change of Land Use in SEZs - News and Press Release Dated:- 17-12-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 17-December-2012 16:38 IST Land is a State subject. Land for SEZs is made available as per the policy and procedures of the respective State Governments. The tenure and terms of land procured for SEZs is also as per the poli .....

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..... cy of the respective State Governments. The Board of Approval on SEZs only considers those proposals, which have been duly recommended by the State Government. In terms of Rule 11(9) of the SEZ Rules, 2006, sale of land in SEZ is not allowed. Quantum of various authorised activities for creation of social, commercial and industrial infrastructure including residential housing, commercial area, h .....

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..... ospitals, educational institutions etc are decided by the Board of Approval after an assessment of the functional requirement of the SEZ. As on date, there are 585 formally approved SEZs involving 71,302.19 hectares of land. A statement showing State-wise break-up of land area is Annexed. The Government, on the basis of inputs/suggestions received from stakeholders on the policy and operationa .....

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..... l framework of the SEZ Scheme, periodically reviews the policy and operational framework of SEZs and takes necessary measures so as to facilitate speedy and effective implementation of SEZs. Annexure State-wise area of approved Special Economic Zones (In hectares) (as on 10.12.2012) S.No. State Formally approved SEZs Notified SEZs .....

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..... Total area of SEZs I II III II+III 1 Andhra Pradesh 3503.50 11881.49 15384.99 2 Chandigarh 0.00 58.46 58.46 3 Chattisgarh 10.77 101.28 112.05 4 Dadra Nagar Haveli 12.16 10.30 22.46 5 Delhi 33.25 0.00 .....

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..... 33.25 6 Goa 120.51 249.48 369.99 7 Gujarat 8984.92 14228.46 23213.38 8 Haryana 525.52 1332.77 1858.29 9 Jharkhand 0.00 36.42 36.42 10 Karnataka 704.41 2394.53 3098.94 11 Kerala 362.69 728.23 1090.92 .....

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..... 12 MP 615.02 365.28 980.30 13 Maharashtra 2514.64 9153.65 11668.29 14 Nagaland 400.00 50.70 450.70 15 Orissa 1412.38 616.89 2029.26 16 Pondicherry 346.00 0.00 346.00 17 Punjab 163.13 46.12 209.25 .....

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..... 18 Rajasthan 33.25 633.42 666.68 19 Tamil Nadu 3212.25 4615.54 7827.79 20 Uttarakhand 440.00 13.54 453.54 21 UP 537.89 419.45 957.34 22 West Bengal 224.96 208.94 433.90 TOTAL 24157.24 47144.95 71302.1 .....

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..... 9 This information was given by the Minister of State for Commerce Industry Dr. D. Purandeswari in written reply to a question in Lok Sabha today. ****** DS/RK - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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