Maharashtra government launches fast tracking initiatives for industry

DQW Bureau
New Update


Government of Maharashtra is approving legisla-tion for fast tracking

processes to facilitate the process of set-ting up new industries under the name

of the Special Econo-mic Zones (SEZs) and Specially Designated Areas (SDA) Act

2003. This includes both IT as well as non-IT industries.

The government is identi-fying select zones of Mahara-shtra Industrial

Development Corporation (MIDC) estates and other clusters for getting the same

benefits as SEZs on the lines developed in China.

State industries secretary Vishwas Dhumal revealed that the draft SEZ and SDA

Act has been sent to the president for his approval. Dhumal was spe-aking to

reporters on the sidelines of the inauguration of the fourth facility of Zensar

Tec-hnologies in Pune. The draft, which has been approved by the state cabinet,

has gone to the president for approval, he said.


Should the Act be passed, it will be provide a single window for all

clearances and extend the benefits of SEZs to specially designated areas. Dhumal

said that the state government wis-hed to extend the practices of SEZs to other

areas besides MI-DC and industrial cooperative states.

Referring to the e-gover-nance initiative Setu, Dhumal said that government

is in the process of building the newest bridge for business called Busi-ness

Setu. This would include setting up a business facili-tation center.

CyberMedia News

Pune (CyberMedia News)