Govt clears two Infosys SEZs

NEW DELHI: The government today gave go ahead to six SEZ proposals, including two proposal from the IT major Infosys to set up special economic zones (SEZs). Of the six SEZ proposals, four were given in-principle approvals while two received formal clearances.

Infosys has received initial go-ahead for two IT zones to be set up near Hyderabad, while Genpact has received formal approval for an IT SEZ in Jaipur and Enfield Infrastructure was given a green signal for an IT zone at South 24 Parganas in West Bengal.

The government has so far given 364 formal approvals and 180 in-principle nods. These take the total number of clearances to approximately 550. The proposals were cleared by the Board of Approval, which took up eight cases in its meeting here. It, however, deferred two proposals from Adarsh Prime Projects and Blue Vision Construction.

In a separate development, Commerce Ministry extended the validity of the Reliance Industries' Maha Mumbai SEZ. "The extension to in-principle clearance to Maha SEZ was done by the ministry itself" without referring it to BoA, Commerce Secretary and BoA Chairman GK Pillai told reporters.

Another nine proposals would be taken up for clearance at the BoA' next meeting on August 30.

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