BoA
Government is likely to cancel the approvals granted by it to nine companies including Hindalco Industries, Essar and Adani. This approval was given to these companies for setting up of special economic zones (SEZ); however no work has been done to execute the projects. The Development Commissioners (DC) have recommended to the Board of Approval [...] Continue Reading »
During the course of a July 24 meeting, the inter-ministerial Board of Approval (BoA) of the Union Government had reached a decision with regard to the cancellation of its approvals to 27 Special Economic Zones (SEZs), while giving 18 SEZs some more time to execute their projects. The SEZs whose approvals have been cancelled by [...] Continue Reading »
