Executive Summary:
This notification, issued by the Ministry of Commerce and Industry on October 30, 2017, denotifies an area of 61.12 hectares from a sector-specific Special Economic Zone (SEZ) for the engineering sector at Kesurde Village, District Satara, Maharashtra. The denotification results in a revised total SEZ area of 50.00 hectares. This action follows a proposal from Ms. Maharashtra Industrial Development Corporation and a No Objection from the State Government of Maharashtra.
Key Points / Main Content:
Denotification of SEZ Area:
* An area of 61.12 hectares is denotified from the existing Special Economic Zone.
* The denotification pertains to the SEZ located at Kesurde Village, District Satara, Maharashtra.
* The remaining area of the SEZ after denotification is 50.00 hectares.
* The specific Gat numbers and corresponding areas denotified are listed in a table.
Legal and Procedural Basis:
* The denotification is executed under Section 4(1) of the Special Economic Zones Act, 2005, and Rule 8 of the Special Economic Zones Rules, 2006.
* The action follows a proposal from Ms. Maharashtra Industrial Development Corporation.
* The State Government of Maharashtra provided a No Objection to the denotification proposal.
* The Development Commissioner, SEEPZ Special Economic Zone recommended the denotification.
* The Central Government is satisfied that the requirements under subsection 8 of Section 3 of the said Act and other related requirements are fulfilled.
Impact Analysis:
Central Government:
* Impact: Exercised its powers under the Special Economic Zones Act, 2005 to denotify the specified area.
* Action Required: Ensure compliance with the notification.
Maharashtra Industrial Development Corporation:
* Impact: Must adjust its SEZ development plans to reflect the reduced area.
* Action Required: Revise development plans and operations to align with the new SEZ boundaries.
State Government of Maharashtra:
* Impact: Already provided No Objection to the proposal.
* Action Required: Update records and plans to reflect the reduced SEZ area.
SEEPZ Special Economic Zone (Development Commissioner):
* Impact: Recommended the proposal for denotification of an area of 61.12 hectares from the Special Economic Zone
* Action Required: Monitor compliance and performance within the revised SEZ area.
Businesses/Entities within the SEZ:
* Impact: Operations and future plans may be affected by the change in SEZ area.
* Action Required: Assess the impact of the denotification on their operations and adjust business strategies accordingly. Ensure compliance with any revised regulations or guidelines.
Key Entities Referenced
Special Economic Zones Act, 2005: An act of the Indian Parliament concerning Special Economic Zones in India.
Special Economic Zone Rules 2006: Rules framed under the Special Economic Zones Act, 2005, to govern the operation of Special Economic Zones.
Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and industry.
Maharashtra Industrial Development Corporation: A corporation established by the government of Maharashtra, India, to promote industrial development in the state.
Kesurde Village, Satara, Maharashtra: The location of a sector-specific Special Economic Zone for the engineering sector, situated in the Satara district of Maharashtra, India.
SEEPZ Special Economic Zone: Santacruz Electronics Export Processing Zone Special Economic Zone. An export zone in Mumbai, Maharashtra.
New Delhi: Capital of India and location where the notification was issued.
Sunil Kumar: Additional Secretary who signed the notification.
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6574 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
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5. 622/2 पाट 2 4.51
6. 624/ए/1 पाट 2 0.10
7. 626/ए पाट2 0.25
8. 626/ बी पाट2 2.18
9. 627/ ए पाट2 2.06
10. 628/ए पाट2 2.22
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[फा. स. एफ. 2/578/2006-एस.ई.जेड]
सुनील कुमार,,,, अपर सिचव
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
NOTIFICATION
New Delhi, the 30th October, 2017
S.O. 3534(E).—WHEREAS, M/s. Maharashtra Industrial Development Corporation, had proposed under
section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a
sector specific Special Economic Zone for engineering sector at Kesurde Village, District Satara in the State of
Maharashtra;
AND, WHEREAS, the Central Government, in exercise of the powers conferred by sub-section (1) of section 4
of the said Act read with rule 8 of the Special Economic Zone Rules 2006, had notified an area of 111.12 hectares vide
Ministry of Commerce and Industry Notification Number S. O. 2653(E) dated 12th November, 2008;
AND, WHEREAS, M/s. Maharashtra Industrial Development Corporation has now proposed to de-notify the an
area of 61.12 hectares from the above Special Economic Zone;
AND, WHEREAS, the State Government of Maharashtra has given its “No Objection” to the proposal vide
letter no. SEZ-2015/CR-55/2014/Ind-2 dated 24th August, 2016.
AND, WHEREAS, the Development Commissioner, SEEPZ Special Economic Zone has recommended the
proposal for de-notification of an area of 61.12 hectares from the Special Economic Zone;
NOW, WHEREAS, the Central Government is satisfied that the requirements under sub-section (8) of Section
3 of the said Act and other related requirements are fulfilled;
NOW, THEREFORE, in exercise of the powers conferred by second proviso to sub-section (1) of Section 4 of
the Special Economic Zones Act, 2005 and in pursuance of rule 8 of the Special Economic Zones Rules, 2006, the
Central Government hereby de-notifies an area of 61.12 hectares, thereby making resultant area as 50.00 hectares,
comprising the Gat numbers and the area given below in the table, namely:-¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3
TABLE
S.No. Gat No. Area to de-notified (in Hectares)
1. 613 Pt 2.84
2. 614 16.86
3. 617/A Pt 24.58
4. 622/1 Pt 4.52
5. 622/2 Pt 4.51
6. 624/A/1 Pt 0.10
7. 626/A Pt 0.25
8. 626/ B Pt 2.18
9. 627/ A Pt 2.06
10. 628/A Pt 2.22
11. 632 Pt 1.00
12. Total 61.12
13. Total Area of SEZ after above deletion 50.00
[F. No. F. 2/578/2006-SEZ]
SUNIL KUMAR, Addl. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.