Wait...

Online Export Import Data Search

Complete Training Video : Click Here

Tata Steel seeks more time to start SEZ project in Odisha.


Date: 14-11-2017
Subject: Tata Steel seeks more time to start SEZ project in Odisha
New Delhi: Tata Steel has sought one years time from the government to start execution of its multi- product special economic zone (SEZ) project in Odisha, saying that it is waiting for environment clearance.

The proposal to grant extension will be taken up by the Board of approval, highest decision making body on SEZ related issues, in its meeting on November 17.
The inter-ministerial board is headed by commerce secretary Rita Teaotia.

According to the agenda note of the board, Tata Steel SEZ Ltd, Gopalpur, Odisha has sought "further extension of the formal approval for setting up a multi-product SEZ beyond December".

The company has sought extension of one year up till December 17, 2018.

It has stated that it could not start the activities in the zone in the absence of environmental clearance (EC) and coastal regulatory zone (CRZ) clearance.

Tata Steel SEZ had applied for environmental clearance on March 24 and CRZ clearance on July 3 this year and final expert appraisal committee of Ministry of Environment, Forest, and Climate Change recommended for grant of EC and CRZ clearance on October 16.

"The formal approval letter of ERC and CRZ clearance is expected by end of November, post which the infrastructure development activity would be taken up," the board said.

SEZs are export hubs. Overseas shipments from these zones and export oriented units contributed about 33 per cent to the country?s total exports.

Till September 7, the government has approved as many as 424 zones, of which 222 are operational.

Exports from these zones grew about 12 per cent to Rs 5.24 lakh crore in 2016-17 as against Rs 4.67 lakh crore in the previous fiscal. 

Source: indiatoday.intoday.in

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: 20-02-2018
DGFT Notification No. 51/2015-2020
Amendment in the Foreign Trade (Exemption from application of Rules in certain cases) Amendment Order, 2017.

Date: 19-02-2018
Notification No. 14/2018-Customs (N.T.)
Customs Tariff (Determination of Origin of Goods under the Comprehensive Economic Partnership Agreement between the Republic of India and Japan) Amendment Rules, 2018

Date: 16-02-2018
Public Notice No. 62/2015-2020
Directtives for processing of applicatin for MEIS claims under Foreign Trade Policy 2015-20

Date: 16-02-2018
Public Notice No. 61/2015-2020
Inclusion of Seaports located at Dhamra Port and Dighi Port under Para 4.37 of Hand Book of Procedures 2015-20.

Date: 15-02-2018
Public Notice No. 60/2015-2020
Amendments/Corrections in Table 2 of Appendix 3B Foreign Trade Policy 2015-20

Date: 15-02-2018
Notification No. 13/2018-Customs (N.T.)
Exchange Rates Notification No.11/2018-Custom(NT) dated 1.2.2018

Date: 15-02-2018
Notification No. 12/2018-Customs (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver.

Date: 12-02-2018
Notification No. 26/2018-Customs
seeks to further amend the notification No. 50/2017- Customs, dated the 30th June 2017 so as to reduce the Basic Customs Duty on motorcycles falling under tariff heading 8711.

Date: 06-02-2018
Notification No. 25/2018-Customs
Seeks to increase BCD tariff rate on Chana (Chickpeas), [Tariff item 0713 20 0] from 30% to 40% by invoking section 8A (1) of the Customs Tariff Act, 1975 and accordingly, the effective rate of BCD on Chana (Chickpeas), will also be 40%.

Date: 06-02-2018
Notification No. 24/2018-Customs
Seeks to increase import duty on all types of sugar under tariff head 1701, [Raw sugar, Refined or White sugar, Raw sugar if imported by bulk consumer] from the present 50% to 100% (Tariff rate) with immediate effect and without an end date.



Exim Guru Copyright © 1999-2018 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 Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001