Govt. to Set ‘Authority’ to Examine Land Claims for SEZs

February 27, 2007	(Be the first to rate this story!)  Loading ...
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With more and more real estate developers investing in special economic zones (SEZs), there is a widespread fear of these innovative development activities to turn into real estate ventures.

This encouraged the government to think about setting up an authority to inspect claims of land sought doer development of SEZs. The team will comprise of bureaucrats and experts to decide the authencity of claims for land by SEZ applicants.

Apart from these developments, land is also required for non core activities like recreation and building hotels. Excessive use of land for SEZs will result in an increase in commercial spaces and industrial houses thereby ignoring other significant constructions that is actually needed at this point of time.

The PM, personally releasing the stringent rules regarding proposed R&R policy. The changes mooted may allay concerns over SEZ as R&R policy addresses the question of displacement by projects of “public purpose” in general.

Congress support restraint on land acquisitions and pressure from Left gave rise to a situation of perplexity for the government to say that R&R policy will address their fears.

News Published Under:   Special Economic Zones |

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