Centre has power to denotify SEZ

Goa Chief Minister Digamber Kamat said that the Centre has a power to denotify Special Econimic Zone (SEZ) if they are not operational within stipulated period of time.

Kamat told the State Legislative Assembly on Tuesday, “During my talks with union Commerce Minister Kamal Nath, he said that SEZ projects should be complete within a particular time or else the Centre had power to denotify them”.

The Chief Minister said that the State Government’s stand on SEZs is very clear and there is no change in it.

Goa has scraped 12 SEZs while three zones are pending denotification. In all seven SEZ developers have filed cases in the Bombay High Court against the State Government-run Goa Industrial Development Corporation’s (GIDC) move to issue show cause notice to them seeking to revoke allotted land.

Earlier, Leader of Opposition, Manohar Parrikar participating in the discussion on the floor had alleged that government was not seriously applying its mind over getting rid of SEZs.
Parrikar said that he does not doubt government’s intention but feels that it is not serious on implementation.
Replying to the contention, Kamat said that there will be no laxity in defending the cases against SEZs in the Court.
He said, “We will engage best of lawyers in the country”. Kamat also added that he would examine the possibility whether GIDC can take back the land from SEZ developers under lease agreement.

One Comment

  1. Posted August 29, 2008 at 12:44 am | Permalink

    Goa government has recently announced that no land with industrial estates owned by Goa Industrial Development Corporation (GIDC) should be allotted or leased for developing special economic zones (SEZs). Mr. Digamber Kamat, Chief Minister, said that if any land has been leased, the lease should be immediately revoked or cancelled. The state-government run GIDC had earlier issued show cause notice to revoke lands to seven SEZ promoters, which were later revoked forcing developers to approach the high court.For more view- realtydigest.blogspot.com

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