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SEZs: Board of Approvals meet postponed

Our Bureau

New Delhi , Jan. 17

With the formulating of a new rehabilitation policy for displaced farmers under way, the Government has decided to put on hold fresh approvals for special economic zones (SEZs).

The meeting of Board of Approvals for SEZs under the Commerce Ministry scheduled for Friday has been postponed due to unavoidable circumstances, according to an official communication. Sources, however, said that since the meeting of the empowered group of Ministers to discuss the land acquisition issue for SEZs and other industrial projects is slated for later this month, it would have been imprudent to approve more SEZ proposals at this juncture. The meeting, which was supposed to take up more than 70 new cases on January 19, has been postponed.

The GoM on SEZs, headed by the External Affairs Minister, Mr Pranab Mukherjee, is expected to meet on January 22 to review the policy amid the backlash in States such as West Bengal.

The industry itself has offered to support the rehabilitation scheme mooted by the Prime Minister. Apex chambers like CII, FICCI and Assocham had said earlier that the farmers should be adequately compensated for their land at market rates and members of the displaced families should be given alternate employment.

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