Highlights of Annual Supplement (2013-14) to the Foreign Trade Policy 2009-14

摘要

A package of measures has been formulated to revive investors' interest in SEZs and to boost exports. The salient features of the package are: (i) In view of the acute difficulties in aggregating large tracts of uncultivable land for setting up SEZs,while ensuring vacancy and contiguity, we have decided to reduce the Minimum Land Area Requirement by half. For Multi-product SEZ from 1000 hectares to 500 hectares and for Sector-specific SEZ from existing 100 hectares to 50 hectares. (ii) To provide greater flexibility in utilizing land tracts falling between 50-450 hectares, it has been decided to introduce a Graded Scale for Minimum Land Criteria which would permit a SEZ an additional sector for each contiguous 50 hectare parcel of land. This will also bring about more efficient use of the infrastructure facilities created in such an SEZ.