Question raised in Lok Sabha on Special Economic Zones, 18/07/2016
Question raised in Lok Sabha on Special Economic Zones, 18/07/2016. The proposals for setting up of Special Economic Zones (SEZs) are approved by the Board of Approval (BoA) on recommendations of the concerned State Government. Approval of SEZs is an on-going process as they are created under the provisions of the SEZs Act, 2005. During the last three years and current financial year, 29 proposals have been received. Out of these, 23 proposals have been approved for setting up of SEZs. Details of the proposals approved including IT/ITES SEZs are at Annexure-I. In addition to Seven Central Government Special Economic Zones (SEZs) and 11 State/Private Sector SEZs set-up prior to the enactment of the SEZ Act, 2005, approval has been accorded to 412 proposals. Out of which 204 SEZs are functional and remaining 226 SEZs are non-functional as on date. States/UTs-wise details of functional/non-functional SEZs is at Annexure-II