MaharashtraÂ’s New Industrial Policy 2013-18 announced recently proposed an investment of Rs 5 lakh crore, jobs for two million people, new industrial corridors and attractions for micro, small and medium industries.The new policy which aims to increase the state GDP to 28 per cent will be implemented from April 1 and will be valid for five years, it was officially announced.
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Prioritise urban infra
National Urban Transport Policy [NUTP] was cleared initially way back in 2006, with a vision statement, to "make our cities the most liveable in the world and enable them to become the engines of economic growth". Given the organisation of our cities' infrastructure, it will be a mammoth task for any city to bring order and predictability, let alone promote sustainable forms of transport.
Provide more sops to SEZs
Despite recent reforms, SEZs need further policy push. Compared with the country’s overall export growth of 23 per cent, exports from SEZs grew just over 15 per cent in 2011-12.
Encourage more sustainable SEZs
Ravindra Sannareddy says SEZs must be more comprehensively built than they currently are, including infrastructure and sustainability.
Action points to pull SEZs out of the doldrums
One needs to clearly distinguish between small format SEZs and large format multi-product SEZs, What started as a mad rush to have Special Economic Zones (SEZs) in business portfolio has today become
Making our ports more financeable
Financing India’s ports has been challenging because of several factors, both inherent to the sector as well as to policy and financing regulatory environment.
Govt rolls out sops for exporters
The government introduÂced some promotion scheÂmes and incentives for the exporters to tap new markets. ReleÂasing the annual supplement to the Foreign Trade Policy 2009-2014,
Surat saviour goes to Delhi
The government recently appointed SR Rao as the Commerce Secretary in place of Rahul Khullar who was shifted as the telecom regulator after retirement earlier this month.
Expertspeak: The dire need to understand SEZs
Synefra owns three SEZs, and their parent company Suzlon is a big investor. Now, as SEZs brace up to bear the brunt of taxes and a headlong plunge in investor confidence, JR Tanti says the new imposition is insensitive to the humongous investments at stake.
Promises Unmade
Our central bureaucracy has been highly optimistic in its forecast of growth from our SEZs. Even today, the Special Economic Zones look incredibly lucrative… on paper.