You are here: Home » News-IANS » Business-Economy
Business Standard

Government to introduce SEZ amendment bill in Parliament

IANS  |  New Delhi 

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.

--IANS

rv/arm

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 12 2019. 23:52 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU