Wait...
  1. Home >
  2. Export Import News >
  3. SEZ >
  4. Only two SEZ started in Madhya Pradesh in last 13 years: RTI >
  5. Only two SEZ started in Madhya Pradesh in last 13 years: RTI

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Only two SEZ started in Madhya Pradesh in last 13 years: RTI.


Date: 20-10-2016
Subject: Only two SEZ started in Madhya Pradesh in last 13 years: RTI
In the last 13 years only two Special Economic Zones (SEZs) have come up in Madhya Pradesh, according to an RTI query.

“Since 2003, 10 SEZs had been notified in MP. But only a Multi Product SEZ at Dhar district’s Pithampur Industrial area and Crystal IT Park having the status of IT SEZ in Indore have become operational,” Chandrashekhar Gaud, an activist based in Neemuch told PTI citing information given to his RTI query.

The two SEZs have been developed by Indore Audyogik Kendra Vikas Nigam, he said.

“A mining product-based SEZ and an agriculture produce based SEZ to be developed in Jabalpur by Jabalpur Audyogik Kendra Vikas Nigam have been denotified,” the RTI reply said.

Aluminium products based SEZ to be developed by Hindalco Industries in Singrauli district and an IT SEZ that was to be developed by Parshwanath Developers in Indore have also been denotified, it added.

Tata Consultancy Services (TCS), Infosys and Impetus are developing their SEZs, which were notified in 2013, at different locations in Indore.

The central government’s levy of Minimum Alternative Tax (MAT) and Dividend Distribution Tax (DDT) on SEZ have come as a deterrent to SEZ expansion in MP and India, sources said.

Pithampur Audyogik Sangathan head Gautam Kothari said they had urged the previous UPA government to roll back MAT and DDT on SEZ. He added that the NDA government was yet to take decision in this regard.

“The industrialists are shying away to make investment in the SEZs due to burden of MAT and DDT,” Kothari said.

Source : financialexpress.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 06-07-2020
Notification No. 29/2020-Customs
Seeks to further amend notification no. 152/2009 dated 31.12.2009, to increase the rate of duty of customs on imports of Phthalic Anhydride originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017.

Date: 02-07-2020
Notification No. 55/2020 - Customs (N.T.)
Exchange Rates Notification No.55/2020-Custom (NT) dated 02.07.2020.

Date: 01-07-2020
Notification No. 58/2020 – Central Tax
Seeks to make eighth amendment (2020) to CGST Rules

Date: 30-06-2020
Notification No. 54/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg.

Date: 30-06-2020
Circular No.31/2020-Customs
Extension of validity of AEO certification for ease of renewal process (Modification in Circular No. 27/2020 dated 02.06.2020) [Circular No. 31/2020 - Customs dated 30.06.2020].

Date: 30-06-2020
PUBLIC NOTICE No. 11/2015-2020
Extension of validity of Recognition of Pre-shipment Inspection Agencies (PSIAs

Date: 30-06-2020
Notification No. 57/2020 – Central Tax
Seeks to amend notification no. 52/2020-Central Tax in order to provide conditional waiver of lat fees for the period from July, 2017 to July, 2020.

Date: 29-06-2020
Trade Notice No. 17/2020-2021
Procedure and Criteria for submission and approval of applications for export of PPE Medical Coveralls for COVID-19

Date: 27-06-2020
Notification No. 55/2020 – Central Tax
Seeks to amend notification no. 35/2020-Central Tax in order to extend due date of compliance which falls during the period from "20.03.2020 to 30.08.2020" till 31.08.2020.

Date: 27-06-2020
Notification No. 56/2020 – Central Tax
Seeks to amend notification no. 46/2020-Central Tax in order to further extend period to pass order under Section 54(7) of CGST Act till 31.08.2020 or in some cases upto fifteen days thereafter.



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001