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Government to introduce SEZ amendment bill in Parliament

Government to introduce SEZ amendment bill in Parliament

New Delhi, June 12 (IANS) The Central government will introduce the Special Economic Zones (Amendment) Bill, 2019 in the ensuing session of the Parliament.

Accordingly, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday gave its approval to introduce the Bill which will replace the Special Economic Zones (Amendment) Ordinance, 2019.

"After the amendment of sub-section (v) of section 2 of the Special Economic Zones Act, 2005, a trust or any entity notified by the Central government will be eligible to be considered for grant of permission to set up a unit in Special Economic Zones," an official communique said.

 

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Government to introduce SEZ amendment bill in Parliament

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Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any. He can be reached at gopi@socialnews.xyz

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