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TMI BlogInvestment in SEZSX X X X Extracts X X X X X X X X Extracts X X X X ..... Investment in SEZS X X X X Extracts X X X X X X X X Extracts X X X X ..... 1. 2012-2013 2,36,717 2. 2013-2014 2,96,663 3. 2014 -2015 3,38,794 4. 2015- 2016 3,76,494 5. 2016- 2017 4,23,189 6. 2017-2018 4,74,917 7. 2018 -2019 5,07,644 * Calculated on cumulative basis. The following initiatives have been taken in recent years for promotion of investment in SEZs: * The Government periodically reviews the policy and operational framework of SEZs and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... takes necessary measures so as to facilitate speedy and effective implementation of SEZs. * Minimum Land Area requirement for setting up of new SEZs has been reduced to 50% for Multi-product and Sector-specific SEZs. * Sectoral broad-banding has been introduced to encompass similar / related areas under the same Sector. * Dual use of facilities like Social & Commercial infrastructure by SEZ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s and non-SEZs entities has been allowed in order to make SEZ operations more viable. * State Governments have been advised to make their own Single Window Clearance mechanism more effective. * Review meetings with the Development Commissioners of SEZs are held regularly. In order to facilitate paperless transaction for movement of goods for imports and exports from SEZs, a web-based platfor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - SEZ Online system has already been implemented. Further, a mobile app named "SEZ India" having four sections SEZ Information, SEZ Online Transaction, Trade Information and Contact details was launched on 06.01.2017 to facilitate SEZ units/developers. Investment made, employment generated and exports from SEZs are the quantifiable criteria for assessing development of infrastructure and econom ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ic development. Details of investment, employment generated and exports from SEZs during the past two years are given below: Financial Years Investment* (Rs. in crore) Employment* (Persons) Exports (Rs. in crore) 2017-2018 4,74,917 19,77,216 5,81,033 2018-2019 5,07,644 20,61,055 7,01,179 * calculated on cumulative basis. This information was given by the Minister of Commerce and I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndustry, Piyush Goyal, in a written reply in the Lok Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
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