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States' representation in SEZ-related policies urged
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New Delhi
Jan. 22
The Associated Chambers of Commerce and Industry of India (Assocham) has called for representation of States in policy matters related to SEZs.
The chamber has urged the Prime Minister, Dr Manmohan Singh, to reconstitute a New Group of Ministers (NGoM) with representatives from States to formulate within three months land acquisition and rehabilitation policies for SEZ's proposals.
Until the new comprehensive policies packages are evolved by the NGoM for SEZs, the pending proposals for clearances should be held to avoid politicisation of the "much-needed SEZs," the chamber said.
In a note submitted to the Prime Minister's Office, the chamber President, Mr Venugopal N. Dhoot, said: "SEZs are a must to achieve 10 per cent GDP growth, 25 per cent export acceleration for 10 consecutive years and also create 15-17 lakh additional jobs in the next five years with unlimited investment opportunities."
The current mandate of the GoM for SEZs is not as comprehensive and diversified as it should have been, and does not sufficiently addresses the issue of rehabilitation for acquisitions of agricultural land, it said. It has suggested that IT SEZs be developed and made operational within six months from the date of notification.
Thus, over 130 approved IT SEZs would immediately result in an investment of $9-12 billion, leading to massive employment generation and acceleration of exports of IT products and contribute significantly to the creation of GDP.
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