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Delay in Noida SEZ deepening economic crisis amid lockdown: Exporters' body

'It may also lead to unemployment among over 50,000 workers working in Noida SEZ'

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EPCES said that the notification issued by the Ministry of Home Affairs on April 15 has allowed all the SEZs of India to start operations with 50 per cent capacity

IANS
Operations in the Noida SEZ (NSEZ) have not started yet, as it is awaiting orders from local authority and the the delay is deepening the already ongoing economic crisis amidst the lockdown, according to Vilas Gupta, Chairman of EPCES (Export Promotion Council for EOU and SEZ), Northern India.

"Noida SEZ is administered by its Authority headed by the Development Commissioner who is equivalent to the rank of Additional Secretary. This Authority is competent enough with full strength of security to ensure that factories are run as per the guidelines defined by the Ministry of Home Affairs," Gupta said.

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