You are here: Home>Collections>Narayan Rane

Bowing to local opposition, government cancels four SEZs including Mahindra and Mahindra's

PTI Jul 30, 2012, 07.37PM IST Tags: • Special Economic Zones| • SEZs| • Narayan Rane| • Mahindra and Mahindra SEZ| • Maharashtra government| • Bulls SEZ

MUMBAI: Bowing to opposition from the local communities, Maharashtra government today cancelled four proposed Special Economic Zones (SEZs).

The decision was taken at a meeting between Industries Minister Narayan Rane and board members of Maharashtra Industrial Development Corporation here.

"We have cancelled four SEZs, which were facing strong opposition from the locals," Rane told reporters later.

Mahindra and Mahindra SEZ was to come up on 3,000 thousand hectares in Mawal in district. India Bulls SEZ was to come up on 1,936 hectares at Ranjankhar, Raigad district. Videocon Realty and Infrastructure SEZs were to come up at Gandheli, Aurangabad and at Pune's Wagholi, on areas of 2,763 and 1,000 hectares respectively.

"The locals, especially the farmers, were strongly against these SEZs. At Gandheli, police even had to lathicharge (to disperse the protests)," said Rane.

The senior Congress Minister also said that most of these lands were under irrigation, which was another reason. "We (MIDC) have adopted a policy wherein the land under irrigation is not acquired for the industrial purpose."

FEATURED ARTICLES

How to use the internet to make money How to choose a term insurance plan

SpiceJet, IndiGo join Jet Airway's airfare war, offer discounts

More:

LIC launches two new insurance policies

SpiceJet, IndiGo join Jet Airway's airfare war, offer discounts

Five facts about Rajiv Gandhi Equity Savings Scheme

Jet Airways sparks airfare war; announces India's biggest sale of airtickets

Ten tax saving investment options

How to save tax in 2013: Your guide to planning

RELATED ARTICLES • Maharashtra Sets SEZ Ball Rolling October 2, 2006 • SEZ land turmoil gains ground January 4, 2007 • Exports from SEZs up 26 pc in April-September November 16, 2011 IN-DEPTH COVERAGE • Narayan Rane • Hectares © 2013 Bennett, Coleman & Co. Ltd. All rights reserved Index by Keyword | Index by Date www.economictimes.com Feedback | Privacy Policy | Terms of Use | Advertise with us