Financial Daily from THE HINDU group of publications
Tuesday, Mar 02, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Infrastructure


Kerala Govt thrust on SEZs to woo investors

Our Bureau

Kochi , March 1

IN a bid to accelerate its sagging pace of industrialisation, the State Government is focusing on setting up special economic zones (SEZ) as an initiative to attract new investments into the State.

The Cochin Special Economic Zone in Kerala is already designated as a SEZ of the Government of India. "In addition to this, the State Government plans to convert the industrial growth centres in Thiruvananthapuram, Kozhikode and Palakkad as SEZ with the necessary regulatory approvals from the Government of India," an approach paper presented before the Business-to-Business Meet organised here has said.

The advantages of setting up SEZ are many. An exclusive Development Commissioner for each SEZ will look after all matters pertaining to such zones in the State. He will be responsible for providing clearances under various regulations of the Government of India and the State governments. The Commissioner will act as the intermediary between the Government and a whole host of agencies to facilitate all the requirements of the industrial units in his SEZ.

Further, the Government would facilitate clearances, which are not granted within the SEZ and advise on issues, which require policy amendments or clarifications. The units in the SEZ will be privy to a large number of exemptions such as permits from local bodies, town planning departments and development authorities for construction of buildings to start industrial undertakings.

A single window clearance board would be notified for each zone for providing fast track clearances. Over and above ensuring adequate power and water supply within each zone, a self-certification regime will be introduced for all industries.

The State is far ahead with the availability of certain crucial facilities such as density of roads, telephone density and other communication facilities, the paper, Resurgent Kerala — The Investment Destination for the 21st Century, has pointed out. According to figures in the paper, the State has a road density of 3,749 km per 1,000 sq.km. area, much above the national average of 749 km. For every one lakh of population, the State has 480 km of roads against the national average of 25 km.

By the year 2000, Kerala had a telephone density of 5.5 telephone connections per 100 people as against the national average of 2.85. With the high density of population, the State has one post office in every 7.71 sq.km. against the national average of 21.26 sq.km.

More Stories on : Infrastructure | Kerala

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Dry weather prevails over Kerala


Pension reforms left at nascent stage
EU slaps sanctions on US goods
US National Academy honour for 8 Indian Americans
Kerala population growth lowest in India: Census
'Govt hopeful of 4.5 pc inflation rate by year-end'
TN to save Rs 360 cr through debt swap
`Electronics hardware industry needs boost to compete with China'
Ramky group to build waste management complex in Bangalore
Waste treatment facility in Kochi
No impact of duty cut on steel prices — Volumes down 70 per cent
MFN status takes centre-stage at Indo-Pak meet — Lahore chamber insists on removal of farm subsidies
Patient-safety: 'ADR reporting must be made mandatory'
Kerala Govt thrust on SEZs to woo investors
HAL bags $5-m deal at Asian aerospace meet
Oil PSUs put at a disadvantage
AP power distribution company in top-500 list
Kerala not on DAE antenna for N-sites
Textile sector must develop in clusters: CII
Sivaganga conserves water
SS Music scouts for VJs with an innovative hunt
Prasar Bharati to charge political broadcasts
Ten Sports urged to cut fee
PSG Arts & Science wins South India Quiz
New Principal for ASCI
`Get feedback from students'
Maruti, GM car sales zoom in February
Tatas to showcase new model on Indica platform at Geneva
Osmania alumni seek Rs 100-cr Govt aid
Dull business prospects
Coimbatore engg sector hails duty cut on coke
`Shourie factor' lifts Sensex 155
CMC cut-off price fixed at Rs 485 — Rs460.75 for retail investors
Telecom FDI hike plan not wired
Call to change work culture
Creative minds await corporate sponsorship
10 MoUs signed at BioAsia meet
Exports maintain tempo, grow 9 pc in January
Global oilseeds import demand seen galloping
Date for filing trade returns extended
GMP norms likely for homoeopathic, ayurvedic medicines
Indian tourists turn to new destinations
Misuse of stamp papers — States told to come up with suitable reforms



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line