Business Daily from THE HINDU group of publications
Tuesday, Jan 19, 2010
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Foreign Exchange
Shipping
Archives
Google

Group Sites

Industry & Economy - Infrastructure
Web Extras - SSI
Private SEZs told to reserve 10% space for small-scale units

K.R. Srivats

New Delhi, Jan. 18

Small-scale units may now get a better deal in allocation of space in private special economic zones .

The Centre has now said that minimum 10 per cent of the space in IT/ITES SEZ may be reserved for SSI IT/ITES units.

All other SEZs were asked to allocate 10 per cent space for SSI units.

Also, IT/ITES SEZs have been advised to set up incubators of minimum 200 seats. Currently, IT/ITES SEZs are mainly promoted by the private sector.

“The Centre's instruction covers central SEZs, IT/ITES SEZs and all other SEZs in the private sector,” Mr L.B. Singhal, Director-General, Export Promotion Council for SEZs, told Business Line.

This is a conscious effort to bring more SSIs in SEZs and generate employment (in such units), he added.

However, Mr Hitender Mehta, Head of SEZ practice, Vaish Associates, said that the Government needs to clarify whether all IT/ITES SEZs would be covered or the instruction will apply only to units to be set up in Central Government SEZs.

More Stories on : Infrastructure | SSI

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Rosaiah invites Taiwanese firms to invest in State


Retail food price rise is a mixed basket
TN Chamber for continuation of stimulus package
Pranab sees signs of turnaround
Dilemma of deficit and growth…
‘No need for monetary tightening now'
It pays to go green
Hong Kong woos Indian Inc
Bhutan Minister visits health centres
Private SEZs told to reserve 10% space for small-scale units
Jet fuel to be kept out of GST net
Govt to look at gas as fuel for refinery operations
Chemists seek changes in Drugs and Cosmetics Act
Powered by policy
Regulator fines TNEB official for not complying with open access norms
Penalty for non-compliance with renewables purchase obligation
Rotary workshop on tax code
KPMG meet on Direct Taxes Code
Bangalore Chamber moots centralised body to assess goods, services tax
Essar joins hands with IIM-A for corporate varsity
Health food: What you need to know
Lord Krishna Builders' new project
Kolkata realtors mull mass housing projects
Dynamics of a village market
ILO selects ESAF for study on decent work deficit in India
Chugging into Kerala




The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2010, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line