SEZ Act 2005: Current Affairs, GK & News - 2020-2021

SEZs manufacturing essentials like pharmaceuticals, hospital equipment are operational

Published: March 31, 2020

Around 280 SEZ (Special Economic Zones) that are involved in manufacturing essential goods such as pharmaceuticals, drugs and hospital equipment are operational amidst Lock Down. These economic zones contribute 18% of the exports of the country. Highlights While addressing the ministers video conference of G20, the Union Minister Piyush Goyal said that India has not ..

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Parliament passes Special Economic Zones (Amendment) Bill, 2019

Published: June 28, 2019

Parliament has passed Special Economic Zones (Amendment) Bill, 2019 to allow trusts to establish units in Special Economic Zone (SEZs). It was first legislation to be passed by newly-constituted 17th Lok Sabha. It replaces Special Economic Zone (Amendment) Ordinance 2019 promulgated March 2019 and amends SEZ Act 2005. Salient features of Bill It amends definition ..

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