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Punjab gets SEZ Act of its own
WSN Network
Chandigarh:
Punjab has finally gone ahead with the enactment of a “Punjab
Special Economic Zone (SEZ) Act” by formulating a comprehensive SEZ
policy to promote mega and super-mega industrial projects.The state
government has ignored all advice to the contrary and Akali-BJp
regime believes in what it called the "need to promote
industrialisation in the state in a big way".
The Union
government had so far notified two SEZs in S.A.S. Nagar — Quarkcity
India Pvt. Ltd in the IT sector and Ranbaxy Laboratories Ltd. in
pharmaceutical in 13.75 and 32 hectares, respectively. These SEZs,
with an investment of around Rs 10,000 crore, would generate direct
employment for 2.75 lakh people.
Eight SEZs had
been given “in-principle approval” by the Centre — DLF Universal
Ltd. for four multi-product SEZs in Amritsar (440 hectares); DLF
Universal multi-product h SEZ in Ludhiana (1,011 hectares); Rock -
man Projects (textile) in Ludhiana (100 c hectares); Malhotra Land
Developers and - Colonisers (engineering) in Ludhiana a (121.41
hectares); and Ishan Developers Pvt. Ltd (textile) at Khasa in
Amritsar l (100 hectares).
Likewise, there
were seven SEZs accorded “formal approvals” by the Centre — Vividha
Infrastructure (engineering) at Rajpura (100 hectares); Mridul
Infrastructure (textiles) at Rajpura (100 hectares); Sukhmani Towers
at Dera Bassi (14 hectares); Lark Projects (IT) at Landran; Sukhm
Infrastructure (IT) in S.A.S. Nagar (11.62 hectares); ATS Estate
(IT) at Dera Bassi (12 hectares); and Shipra Estate (IT) at Dera
Bassi (20.24 hectares). Another SEZ to be promoted by A-Tech IT City
in the IT sector at Mohali in 57.89 hectares worth Rs 205 crore was
still awaiting approval from the Centre.
A new
industrial policy is to come into force from January 1, 2009.
26 November
2008
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