By IANS
New Delhi : The proposed multi-product special economic zone (SEZ) of Reliance group at Jhajjar in Haryana secured an in-principle approval from a high-power panel Monday. The panel also gave its formal go-ahead to 11 others.
The SEZs that got a formal nod from the Board of Approvals, chaired by Commerce Secretary G.K. Pillai, include the one on biotechnology to be set up by Glenmark Pharmaceuticals at Shendri in Maharashtra.
Goldsouk International also secured an approval for a SEZ for gems and jewellery at Gurgaon in Haryana, close to the national capital, an official statement said after the meeting of the board here.
Pillai said as on date Rs.521.93 billion (over $13 billion) had been invested in the notified SEZs, providing direct employment to over 94,832 people.
This, he said, was in addition to the jobs provided to 181,000 people in seven SEZs set up by the central government.
In the meeting Monday, 19 proposals for setting up SEZs, including two for the conversion of in-principle approvals into formal approvals were considered.
In-principal approvals are granted when the project is accepted by-and-large with only some minor clarifications sought from promoters.