DESH Bill may let companies have obligation of choice: Govt official

This may ensure no single mandatory export commitment

The Development of Enterprises and Services Hub (DESH) Bill, 2022, might ask companies to commit to only one of the criteria — investments, breakthrough technology, job creation, and exports — that would eventually augur well for the economy and spur growth, people aware of the matter said.

The Bill, which is currently a work in progress under the department of commerce, seeks to replace the existing special economic zone (SEZ) law.

A senior government official told Business Standard that the government would allow companies the “flexibility” to meet any one of these objectives, according to their choice. It would also