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Incentives Given for Business Units in SEZs

The fiscal concessions and duty benefits allowed to SEZs are in built into the SEZs Act, 2005 and Rules framedthereunder. These exemptions are uniformly applicable to all SEZs and are primarily in the nature of incentives for export and are consistent with the principles that guide export promotion initiatives of the Government in general. Since the enactment of the Special Economic Zones Act, 2005 and the attendant Rules in Feb 2006 a total of 577 SEZs have been approved, of which 389 have been notified as on 3rd May, 2013.  Exports from SEZs have increased over ten-fold from about Rs. 34,615 Crore in 2006-07 to about Rs. 4,76,159 Crore in 2012-13. SEZs are primarily private investment driven.

A statement showing state-wise employment generated in SEZs as on 31st March, 2013 is at Annexure.

The contribution of SEZ exports and country exports during the last five years are as under:

Financial Year

Total exports of the Country

(Rs. in Crores)

Total SEZ Exports

 (Rs. in Crores)

Percentage share of SEZ exports in the total exports of the country

2008-2009

8,40,755

99,689

11.86

2009-2010

8,45,534

2,20,711

26.10

2010-2011

11,42,922

3,15,868

27.64

2011-2012

14,65,959

3,64,478

24.86

2012-2013

16,35,261

4,76,159

29.12

In addition to Falta SEZ set up by the Central Government and two other State Government/private sector SEZs set up prior to the enactment of SEZ Act, 2005, 18 SEZs have been formally approved out of which 9 SEZs have been notified in State of West Bengal. A total of 6 SEZs are currently exporting.

There are no applications pending for setting up of SEZ in the country.

Annexure

State-wise Employment in SEZs as on 31st March, 2013

Sl. No.

States

Employment  (in persons)

1

Gujarat

51190

2

Karnataka

141366

3

Tamil Nadu

237950

4

Maharashtra

271134

5

Kerala

25701

6

Andhra Pradesh

144346

7

Uttar Pradesh

75101

8

West Bengal

55656

9

Haryana

38497

10

Madhya Pradesh

12429

11

Rajasthan

13163

12

Chandigarh

6140

13

Chhattisgarh

119

14

Odisha

1715

15

Punjab

369

16

Goa

28

 

 TOTAL

1074904

This information was given by the Minister of State in the Ministry of Commerce and Industry Dr. D. Purandeswariin a written reply to a question in Rajya Sabha today.

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Tags: Andhra PradeshExportGovernmentMadhya PradeshMinister of StateSEZSpecial Economic ZoneWest Bengal

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