Benefit to Rural and Agro Industries from SEZs

 Delhi  

March 18, 2015 Last Updated at 16:20 IST

Since Special Economic Zones (SEZs) Act, 2005 and Rules, 2006 were notified in June, 2005 and February, 2006 respectively, formal approvals have been granted for setting up of 9 SEZs for Agro and Food Processing sector, out of which, 8 SEZs have been notified. Presently 4 SEZs are exporting. 

The physical exports from Agro and Food Processing SEZs as on 31st December, 2014 i.e. in the first three quarters of the current financial year 2014-15 have been to the tune of Rs.676.75 crore having the share of 0.19% to the total physical exports from SEZs. 

This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.