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Land acquisition for SEZs may be regulated soon

Special Correspondent Group of Ministers recommends private players buy 70% of land at market rates CHENNAI: Land acquisition for Special Economic Zones could soon be regulated, with an Empowered Group of Ministers recommending that private players buy 70 per cent of the land at the prevailing market prices and the government acquire the rest, according to R. Gopalan, Additional Secretary, Union Ministry of Commerce.