Government approves SEZ amendment bill
A bill to amend the special economic zones law will be introduced in the ensuing session of Parliament to replace an ordinance promulgated in March which will allow trusts to set up units in SEZs. The introduction of the Special Economic Zones (Amendment) Bill, 2019 was approved by the Union Cabinet in its meeting, chaired by Prime Minister Narendra Modi, here Wednesday. The bill will replace the Special Economic Zones (Amendment) Ordinance, 2019, which was promulgated in March. The ordinance had paved the way for trusts to set up units in special economic zones (SEZs).
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