Home India Ministry of Commerce and Industry Whereas M s Vikas Telecom Pvt Ltd a private organization in ...
Date: 2018-09-12 Category: Extra Ordinary State: Union Government Country: India

Whereas M s Vikas Telecom Pvt Ltd a private organization in the State of Karnataka had proposed under section 3

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

Executive Summary: This notification concerns the denotification of a portion of a Special Economic Zone (SEZ) in Karnataka. Ms. Vikas Telecom Pvt. Ltd. proposed the denotification, which has been approved by the Karnataka government and recommended by the Development Commissioner, Cochin Special Economic Zone. The Central Government has denotified 4.81 hectares from the SEZ, resulting in a total area of 22.50 hectares. This notification is effective as of September 6, 2018. Key Points / Main Content: * **Denotification of SEZ Area:** * 4.81 hectares are denotified from the Special Economic Zone. * The resultant area of the SEZ is 22.50 hectares. * Denotification is under Section 4(1) of the Special Economic Zones Act, 2005, and Rule 8 of the Special Economic Zones Rules, 2006. * **Approval and Recommendation:** * The State Government of Karnataka approved the denotification proposal on July 24, 2018. * The Development Commissioner, Cochin Special Economic Zone recommended the denotification. * **Survey Numbers and Areas Denotified:** * The denotified area comprises specific survey numbers in Devarabeesanhalli village, with corresponding areas listed in a table. Impact Analysis: * **Ms. Vikas Telecom Pvt. Ltd.:** * Impact: Reduction of the designated Special Economic Zone area, potentially affecting their operational plans and obligations related to the SEZ. * Action Required: Adjust operations and future planning to reflect the reduced SEZ area of 22.50 hectares and comply with any revised regulations or incentives. * **Central Government:** * Impact: Adjustment to the administration and oversight of the Special Economic Zone. * Action Required: Update records and documentation to reflect the new SEZ area of 22.50 hectares and ensure compliance with the Special Economic Zones Act, 2005, and related rules. * **State Government of Karnataka:** * Impact: Adjustment to regional economic development plans and monitoring of the SEZ's impact. * Action Required: Update records and documentation to reflect the new SEZ area. * **Development Commissioner, Cochin Special Economic Zone:** * Impact: Changes in oversight responsibilities for the SEZ * Action Required: Update records and documentation to reflect the new SEZ area of 22.50 hectares.

Key Entities Referenced

Special Economic Zones Act, 2005: An act of the Indian Parliament to provide for the establishment, development and management of the special economic zones for the promotion of exports and for matters connected therewith or incidental thereto. Special Economic Zones Rules, 2006: The rules framed by the Central Government to carry out the provisions of the Special Economic Zones Act, 2005. Ms. Vikas Telecom Pvt. Ltd.: A private organization in the State of Karnataka, which proposed to set up a sector-specific Special Economic Zone. Karnataka: A state in India where the Special Economic Zone is located. Bengaluru: A city in Karnataka, India, where the Special Economic Zone is located. Devarabeesanhalli Village: A village in Karnataka, India, where a portion of the Special Economic Zone is located. Cochin Special Economic Zone: A Special Economic Zone whose Development Commissioner recommended the proposal for denotification of area. Outer Ring Road: Road in Bengaluru, India near which the Special Economic Zone is located
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Vikas Telecom Pvt. Ltd., a private organization in the State of Karnataka, 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 Information Technology & Information Technology Enabled Services at Outer Ring Road, Devarabeesanhalli Village, Varthur Hobli, Bengaluru East Taulk, Bengaluru in the State of Karnataka; 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 Zones Rules 2006, had notified and de-notified the following areas at above Special Economic Zone as per the details given below:- S. No. Notification No. Date Notified Area in De-notified area in Total Area in Hectares hectares Hectares (i) S.O. 1465(E) 08.09.2006 36.85 - 36.85 (ii) S.O. 781(E) 28.03.2008 1.31 - 38.16 (iii) S.O. 762(E) 12.03.2015 0.68 - 38.84 (iv) S.O. 2261(E) 24.05.2018 - 11.53 27.31 AND, WHEREAS, M/s. Vikas Telecom Pvt. Ltd. has now proposed for de-notification of 4.81 hectares from the above Special Economic Zone; AND, WHEREAS, the State Government of Karnataka has given its approval to the proposal vide letter No. CI 98 SPI 2018 dated 24th July, 2018; AND, WHEREAS, the Development Commissioner, Cochin Special Economic Zone has recommended the proposal for de-notification of an area of 4.81 hectares of 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 4.81 hectares, thereby making resultant area as 22.50 hectares, comprising the survey numbers and the area given below in the table, namely:- TABLE FOR DE-NOTIFICATION AREA Sl. No. Name of Village Survey No. Total area in Hectares Devarabeesanhalli 1 8/2 0.17 2 8/3 0.69 3 8/4 0.30 4 8/5 0.49 5 9/3 0.36 6 9/4 0.49 7 9/5 0.80 8 10/9 0.28 9 11/6 0.05 10 11/7 0.02 11 12/12 0.32 12 14/3 0.234 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 13 14/5 0.07 14 14/10 (A)(P) 0.27 15 14/14 0.05 16 14/16 0.10 17 14/17 0.10 18 10/8 0.02 Total 4.81 Grand Total Area of SEZ after above deletion 22.50 [F. No. F.2/33/2006-SEZ] B.B. SWAIN, 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.

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