Maharashtra new industrial policy, 2019 with an intent to make maharashtra, usd1 trillion economy in the country, the government of maharashtra has released maharashtra new industrial policy, 20191, which shall be valid for a period of five years from 1 april 2019. Setting up special economic zone sez investors guide. Agenda for the 98th meeting of the boa for sezs to be held on 29. Special economic zone sez is a specifically delineated duty free enclave with. This study is an account of the peoples struggle for their livelihood rights especially land, water, forest and employment rights. There is no export obligation for the sez developers. Sez in maharashtra, mumbai, pune, nagpur, aurangabad.
This act may be called the bombay shops and establishments act, 1948. Magarpatta township development and construction company ltd. In order to promote balanced industrial development, promote sustainable economic growth and encourage setting up of new industrial units and thereby create substantial employment opportunities in the state, the government of maharashtra has issued the new industrial policy 20 vide gr no. The present study focuses on the anti sez movement in maharashtra within the framework of people centred advocacy for social justice to the marginalized sections of the society. Maharashtra, dc seepz sez mumbai, computer electronic software, maharashtra, 28122006. The following is a list of oil refineries in india, per the petroleum planning and analysis cell of the ministry of petroleum and natural gas, government of india, arranged in decreasing order of their capacity. Pdf this article deals with issues pertaining to the special economic zones in india. Maharashtra is a state in the western region of india. Mahindra lifespace developers ltd proposed a special economic zone sez at karla village on the old punemumbai road in pune district of maharashtra. The sez is branded as the taxfree territory and the policies are targeted at propagating fast growth of the industrial sector. Nationwide laws may be suspended inside a special economic zones. In 2006, the mahindra group had received inprinciple approval for setting up this sez.
North maharashtra university, jalgaon north maharashtra university. Name of the sez location type of sez kandla special economic zone kandla, gujarat multi product seepz special economic zone mumbai, maharashtra electronics and gems and jewellery noida special economic zone uttar pradesh multi product mepz special economic zone chennai, tamil nadu multi product. Sez policies and procedures sez mihan, nagpur, maharashtra. Special economic zone sez, local employment, land ownership, economic impacts. Special economic zone at villageulwe, navi mumbai, in the state of. A sez unit can export sez horizon sez magazine sez. Tata motors and reliance industries limited have setup their sez units in the state of west bengal singur and maharashtra raigad respectively, so our study is related from. Visakhapatnam sez vishakhapatnam, andhra pradesh name of the sez location surat special economic zone surat, gujarat manikanchan sez, w. Advantages and disadvantages of special economic zone. List of operational sez in indiasourcesez india, government of india pdf. Government of india have introduced the concept of special economic zones sezs in the year 2000 through a revision in the exportimport policy 19972002.
Located in the silicon valley of punehinjawadi and being the first notified sez in phasei it is built on the principles of facilities, flexibility and freedom, the blue ridge sez is unique in more ways than one. Bengal kolkatta, west bengal jaipur sez jaipur, rajasthan indore sez. Mahindras sez at karla, maharashtra, india ejatlas. Special economic zone sez is a duty free area which is meant for the purposes of trade operations, duties and tariffs for investors.
Special economic zone sez is a specifically delineated duty free enclave with all required infrastructure provided under single administrative umbrella primarily meant for locating industries which manufacture and export goods and services. Investors guide directorate of industries, government. May 19, 2020 no increase in lease rent of sez units for 202021. Development project, land acquisition and resettlement in. By order and in the name of the governor of maharashtra. The bombay shops and establishments act, maharashtra. The railway network in coastal maharashtra is a part of the western railways that spreads across gujarat, rajasthan, madhya pradesh and maharashtra. Agenda for 3rd meeting 2020 series of the boa for eous scheduled to be held on 29. In 2005, the government of india goi introduced the special economic zone sez act, which changed the way india attracted foreign investors who wanted to utilize the countrys natural and human capital. Bengal and visakhapatnam andhra pradesh, were converted to sezs. Alibag alibaug is a city near mumbai bombay, in the state of maharastra. India has specific laws for its sezs the category sez covers a broad range of more specific zone types, including freetrade zones ftz, export processing zones epz, free zones fz, industrial estates ie, free ports, urban enterprise zones and. Special economic zone sez is a specifically delineated duty free enclave with all required infrastructure provided under single.
Introduction a special economic zone sez is a geographical region that has economic laws that are more liberal than a countrys typical economic laws. A special economic zone sez is a geographical region that has economic laws more liberal than a countrys typical economic laws. Jadhav, assistant development commissioner, office of the development commissioner, seepz sez, mumbai. The maharashtra special economic zone is the most strategically placed sez in the country. Kandla sez gujarat set up by the central government multiproduct 1. Chapter5 special economic zones sezs and export oriented units eous on 10th february 2006, 583 formal approvals have been granted for setting up of special economic zones, out of which 380 sezs have been notified and are in various stages of operation. Special economic zones sezs in india with reference to maharashtra state. The category sez covers abroad range of more specific zone types. Advantages 15 year corporate tax holiday on export profit 100% for initial 5 years, 50% for the next 5 years and up to 50% for the balance 5 years equivalent to profits ploughed back for investment. Krc infrastructure and projects private limited and ms. Maharashtra industrial development corporation ltd. Special economic zones doing business in maharashtra. Jadhav, assistant development commissioner, office of the development commissioner, seepzsez, mumbai. The category sez covers a broad range of more specific zone types, including freetrade zones ftz, export processing zones epz, free zones fz, industrial.
As per modified guidelines of government of india, multiproduct sez is required to have minimum 500 ha. Name of the sez location type of sez kandla special economic zone kandla, gujarat multi product seepz special economic zone mumbai, maharashtra electronics and gems and jewellery noida special economic zone uttar pradesh multi product mepz special economic zone. Maharashtra industrial development corporation udyog sarathi, mahakali caves road. Government of india announced the special economic zones sezs policy in april 2000 with a view to create worldclass infrastructure and ease out multiplicity of controls and clearances and provide stable fiscal policy regime to attract larger foreign investments in india. Indias economic potential and sezs with a population of 1. Special economic zone sez is a geographically delimited area which is physically secured, has single management and administrative unit and duty free environment zeng, 2015. In 2006, the government had notified around 1,140 hectare of. Provided that, on the commencement of the bombay shops and establishments. The western railways also serves some of the ports on the countrys western coast including the mumbai port. They are established with an aim to purport development, promote rapid economic growth by providing tax and business incentives for. In 2006, the mahindra group had received in principle approval for setting up this sez. Aspects and pitfalls of sez on rural economy of maharashtra.
The sez is proposed to be developed over 2,140 hectares in dronagiri. The proposed sez was being developed by india bulls infrastructure development corporation. Special economic zone sez is a geographical region that has economic and other law that are more free market oriented than a countrys typical or national laws. It is indias secondmost populous state and thirdlargest state by area, and includes the major cities of mumbai, pune, nashik and nagpur. In addition 18 approvals have been given for setting up of sez at positra gujarat, navi mumbai and kopata maharashtra, nanguneri tamil nadu, kulpi and salt lake west bengal, paradeep. Maharashtra special economic zone policy size sez india. Salient features and procedure for setting up of sez units, benefits available salient features.
A special economic zone sez is a geographical region that has economic laws that are more liberal than a countrys domestic economic laws. Sustainable operation of special economic zones in india. Government of maharashtra general administration department. Maharashtra state sez bill 2002 preliminary and tentative for discussion purpose only3 the maharashtra state sez act, 2002 an act to facilitate the development, financing, operation, maintenance, management and administration and regulation of special economic zones in the state of maharashtra. Meeting notice for 3rd meeting of the boa for eous and 98th meeting. Seepz special economic zone mumbai, maharashtra noida special economic zone uttar pradesh mepz special economic zone chennai, tamil nadu. Special economic zone sez is a specifically delineated duty free enclave, which shall be deemed to be a foreign territory for the purposes of trade operations and duties and tariffs. Special economic zone can be established either by central government. In 2006, the government had notified around 1,140 hectare of land for this project.
Sep 29, 2014 sez developer entitled to claim the said memo further states that stamp duty could be claimed by the exemption of developers only subsequent to the proposed sez being noti. Maharashtra sez actpolicy maharashtra sez rulesprocedure notice circulars. The sezs, earmarked as dutyfree enclaves, have a relaxed and business friendly policy regime, aimed at promoting rapid industrial development and employment generation. The maharashtra state sez act, 2002 an act to facilitate the development, financing, operation, maintenance, management and administration and regulation of special economic zones in the state of maharashtra. Konkan railway connects mumbai with mangalore in karnataka.
While there is some concentration in certain states. A special economic zone sez is a geographical region that has economic laws that are more. Short title, extent and commencement 1 this act may be called the maharashtra state sez. Being the most industrialized state in india, maharashtra has undergone rapid infrastructure development such as roads, railways, airport, and seaports. Directorate of industries government of maharashtra. Pdf special economic zones sezs a study of tata motors. Midc maharashtra industrial development corporation. Special economic zones policy doing business in maharashtra.
Maharashtra is the thirdlargest state in india in terms of area and the secondlargest in terms of population. The developers are required to execute a bondcumlegal undertaking in formd rule 125 221 jointly with the development commissioner and the specified officer undertaking to account for the goods properly and utilize the goods for the authorized operations within a period of one year or. Know more about sezs in india through this article. A special economic zone or sez is a specially marked territory or enclave within the national borders of a country that has more liberal economic laws than the rest of the country. Minimum area required for different categories of special economic zone. Iii policy 2010cr 768ind2, dated 22nd february, 20. Impact of sez on rural economy of maharashtra anant bapurao mane1, prashant s. Sez name of the developer type date of conversion epz to sez year of commencement of operation area in acres 1.
Integreated steel sez thane nagpur pune total navi mumbai sez pvt ltd. The present study focuses on the antisez movement in maharashtra within the framework of people centred advocacy for social justice to the marginalized sections of the society. Secretary means secretary, ministry of industries, energy and labour to the government of maharashtra p. Investors guide directorate of industries, government of. Chapter5 special economic zones sezs and export oriented.1255 625 1214 241 831 132 1067 509 1268 313 956 1317 1480 65 851 661 22 264 1077 1425 230 981 238 912 1146 1275 1139 1410 587 232 1391 615 355 1528 1200 1311 1303 1421 536 312 354