Govt defers Wipro's proposal to set up IT SEZ in Kolkata

The government has deferred software services firm Wipro's proposal for setting up an IT special economic zone (SEZ) in Kolkata.
The proposal has been deferred because the state government's recommendation on it has not been received by the Board of Approval (BoA), an official said.
The software company's application among others was considered by the inter-ministerial body BoA, headed by Commerce Secretary Rita Teaotia, in its meeting on June 22.
An e-mail sent to the company remained unanswered.
Wipro has proposed to set up IT/ITeS SEZ over an area of 19.76 hectares in Rajarhat, Kolkata.
Development Commissioner of Falta Special Economic Zone has recommended for in-principal approval of the proposal.

State government's recommendation is important to get approvals from BoA.

SEZs are exports hubs which contribute about 23 per cent to the country's total outbound shipments.
The commerce ministry is taking steps to revive investors' interest in these zones.
The Board deals with SEZ related matters.
Exports from SEZs have declined 1.89 per cent year-on-year to Rs 3.41 lakh crore in April-December of 2015-16.
Exports from such zones stood at Rs 4,63,770 crore in 2014-15 compared with Rs 4,94,077 crore in the previous fiscal.