Kerela Govt. postpones decision on SEZ policy

September 29, 2008	(Be the first to rate this story!)  Loading ...
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The LDF government in Kerala postponed a decision on finalising a policy framework for setting up special economic zones, (SEZ) in the state after CPI insisted on firm guarantees on issues like labour rights in SEZs. Despite a broad understanding reached at the LDF liaison last week, CPI state council had last night directed its ministers to insist on a clear set of conditions, preferably legislation for sanctioning SEZs without compromising on the party’s position on the matter. After the cabinet meeting, Chief Minister V S Achuthanandan said a final decision on SEZs would be taken by the cabinet next week after detailed discussion looking into all aspects of the matter. The question whether legislation was required as demanded by CPI would also be decided, he said.

The LDF had last week recommended the government to work out a condition-based policy framework and forward 10 pending proposals to the Centre. However, a powerful section in the CPI including its trade union and youth wings was of the view that SEZs should be based on stringent conditions to ensure labour rights, state control and proper utilisation of the land.

News Published Under:   Real Estate India, Special Economic Zones |

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