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Industry & Economy - Infrastructure
Ministry clarifies on SEZs

Our Bureau

New Delhi, Jan. 23

The Commerce Ministry on Tuesday clarified that the new approvals and notifications for Special Economic Zones (SEZs) have been temporarily held in abeyance, pending decisions by the Empowered Group of Ministers on SEZs.

In a statement issued here, it said that the SEZ developers and other stakeholders have expressed apprehensions about the future of investments made by them in relation to the SEZ projects, following media reports highlighting the decisions of the Empowered Group held here on Monday.

The meeting was inconclusive and hence the Empowered Group was likely to meet shortly and final decisions would be taken on all pending issue, the official statement said.

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