In another instance, a foreign partner of a notified SEZ had already procured equipment abroad for setting up the units but could not send them to India as all proposals were put on hold.
CBI not to need prior approval to probe corrupt govt officials.
The government on Friday the proposals of telecom giants Motorola and Foxconn, and Singapore-based reality major Ascendas to join as partners in the Special Economic Zones coming up near Chennai.
'...by directing these draconian provisions against political and ideological opponents of the ruling group, minorities, and those who dare to dissent through and selective prosecution and prolonged incarceration as undertrials.'
The meeting of the empowered group of ministers on special economic zones could not reach any firm view on on Monday while the government will take the rehabilitation policy to the Cabinet next month.
"The letter approving a price of $4.20 per million British thermal unit (mBtu) for first five years of production from KG-D6 was issued by the Petroleum Ministry on Thursday," a source familiar with the development said.
The implementation of the five 'guarantees' announced by the Congress may cost the state exchequer an estimated Rs 50,000 crore annually.
The eGoM, headed by External Affairs Minister Pranab Mukherjee, is likely to take up issues including demand from developers to revise the 5,000 hectare land ceiling for one SEZ.
The government has decided to scrap a plan to purchase wheat through a series of small domestic tenders in different parts of the country, fearing that private traders may corner most orders.
Maharashtra government, which is facing the heat over land acquisition for the special economic zones has written to the Centre asking it to clarify the scope of the term compulsory land acquisition.
'I declined the generous offer of Congress to join the party as part of the EAG and take responsibility for the elections. In my humble opinion, more than me the party needs leadership and collective will to fix the deep rooted structural problems through transformational reforms,' Kishor said in a tweet.
The empowered goup of ministers on special economic zones (SEZs) on Thursday cleared 83 proposals
After violence in Nandigram, the Government has decided not to give further approvals for Special Economic Zones where acquisition of land is being resisted.
The government is set to exceed its 2009-10 disinvestment target of Rs 1,120 crore through the first company that is slated to go to the markets this year -- NHPC.
Reliance-ASA on Monday emerged as the highest financial bidder for the Delhi airport modernisation project, offering 46 per cent of revenue share to government for the work.
Airport employees have threatened to go on a nationwide strike the moment the empowered Group of Ministers opens the financial bids for the privatisation of the Delhi and Mumbai airports on Tuesday.
"Be prepared for a modest or moderate hike in the prices of petrol and diesel, after the meeting of the empowered Group of Ministers in the first week of January," M S Srinivasan, secretary, ministry of petroleum and natural gas, told reporters.
The Empowered Group of Ministers on Ratnagiri Gas and Power Pvt Ltd on Wednesday decided to pool the price of gas for Dabhol
The government on Saturday said it is expected to take a decision on privatisation of Delhi and Mumbai airports at the meeting of the Empowered Group of Ministers on January 24.
Four left parties on Wednesday asked the government to stop divestment of 35 public sector undertakings including BHEL, PowerGrid Corporation and Power Finance Corporation saying the move would adversely affect the development of PSUs and would also
The central leadership of the CPI(M) and chief ministers of the Left-ruled states of Kerala and West Bengal have discordant views on the question of a cap on the number of Special Economic Zones
The $3 billion Dabhol power plant in Maharashtra is likely to be completed by 2007-end, the Empowered Group of Ministers was informed on Thursday.
The empowered Group of Ministers, on Tuesday, recommended a hike in maximum permissible equity participation in the proposed joint venture companies -- for the airports of Mumbai and Delhi
Employees and officers of the Airports Authority of India on Friday staged a demonstration at major airports across the country to protest against the privatisation of Mumbai and Delhi airports, but flights and other operations remained unaffected.
The empowered group of ministers will take up tomorrow the modernisation plans of Delhi and Mumbai airports even as the government has cautioned low cost carriers on the present fare structure introduced by some of them.
The Congress leader is also being probed by ED in two separate money-laundering cases of Aircel-Maxis and INX Media.
Worried by a spike in Chinese imports, the Indian Steel Association (ISA) plans to take up the matter with the government and seek measures to fix "trade distortions". Alok Sahay, secretary general of the group that represents the country's steel producers, said systemic changes were needed. "In order to take any trade measure, it takes a minimum of 15 months' time, due to prevalence of lesser duty rule in India, making India an easy target. "We are going to write to the government on this," he said.
The next six months may see the Centre notifying 100 special economic zones.
An empowered group of ministers had effected on April 5 major changes in SEZ rules, also setting the 5,000 hectare cap.
The Indian government is open to making changes in 5,000-hectare land ceiling for Special Economic Zones which was decided at the meeting of Empowered Group of Ministers about two weeks back.
'You know why? Because they know they can't vet them, and they don't want Hamas in their neighbourhood'
National Thermal Power Corp, Gas Authority of India Ltd and Indian lenders will contribute Rs 500 crore (Rs 5 billion) each as equity
The government is likely to set up a Group of Ministers (GOM) to take a final decision on divesting stake in the telecommunications company, Bharat Sanchar Nigam Ltd.
Real estate and hotels major Royal Palms will invest around Rs 600 crore (Rs 6 billion) to set up an IT/ITeS special economic zone in Mumbai that would be ready for occupation by end of next year.
The empowered group of ministers on Friday deferred a decision on the appointment of a financial consultant for privatisation and modernisation of Delhi and Mumbai airports.
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