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Wednesday, April 4, 2012

Clearance for SEZ near Hubli may be given soon

Source: The Hindu

The Union Government is considering giving clearance for the setting up of a special economic zone (SEZ) on information technology and IT-enabled services at Gamanagatti near Hubli.

Assurance given

An assurance in this regard has been given by Union Minister of Commerce and Industry Anand Sharma when Dharwad MP Pralhad Joshi met him in New Delhi recently.

In a release issued here, Mr. Joshi said that the Union Minister gave this assurance when they met during the budget session recently.

It might be recalled that the Karnataka Industrial Areas Development Board (KIADB) is developing 12.15 hectares of land at Gamanagatti for a SEZ.

Mr. Joshi said that the proposal had been pending before the Union Government for the last two years.

He said that the SEZ Board of Approval of the Union Ministry of Commerce had approved the proposal at its meeting held on May 31, 2011. However, the Home Ministry's approval was essential and therefore the final approval was getting delayed.

He said that he had requested Mr. Sharma to exempt the SEZ in Hubli from getting approval from the Home Ministry and Mr. Sharma had assured him that he would issue the notification approving the SEZ soon.

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