{"id":5230,"date":"2024-06-14T01:57:20","date_gmt":"2024-06-14T01:57:20","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=5230"},"modified":"2024-06-14T01:57:20","modified_gmt":"2024-06-14T01:57:20","slug":"revamp-of-sez-act-piques-curiosity-in-goas-industry","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/revamp-of-sez-act-piques-curiosity-in-goas-industry\/","title":{"rendered":"Revamp of SEZ Act piques curiosity in Goas industry"},"content":{"rendered":"<p>Finance minister Nirmala Sitharamans announcement that the Special Economic Zones<u>Act<\/u>, 2005, (<u>SEZ<\/u>Act) will be revamped to enable states to partner in industrial hubs has aroused the<u>curiosity<\/u>of several local industrialists. Given that Sitharaman said that the new law would cover existing industrial enclaves many in the state are eager to see the new legislation when it comes.<\/p>\n<p>As part of the PM Gati Shakti master plan, Sitharaman proposed 50-year, interest-free loans of Rs 1 lakh crore to states to help them attract investments in the financial year 2022-23. Local industrialists said that if Goa could attract some of these funds, it could help improve  and bring in private investments. There are additional funds also made available to states, which, if utilised properly, can help to develop the state. Projects under Gati Shakti can be planned and <a href=\"https:\/\/exam.pscnotes.com\/logistics\">Logistics<\/a> can be promoted in a big way, chairman, MSME national council, Assocham, Manguirish Pai Raikar said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance minister Nirmala Sitharamans announcement that the Special Economic ZonesAct, 2005, (SEZAct) will be revamped to enable states to partner in industrial hubs has aroused thecuriosityof several local industrialists. Given that Sitharaman said that the new law would cover existing industrial enclaves many in the state are eager to see the new legislation when it &#8230; <a title=\"Revamp of SEZ Act piques curiosity in Goas industry\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/revamp-of-sez-act-piques-curiosity-in-goas-industry\/\" aria-label=\"Read more about Revamp of SEZ Act piques curiosity in Goas industry\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1095],"tags":[631],"class_list":["post-5230","post","type-post","status-publish","format-standard","hentry","category-goa","tag-03-02-22"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Revamp of SEZ Act piques curiosity in Goas industry - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/revamp-of-sez-act-piques-curiosity-in-goas-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Revamp of SEZ Act piques curiosity in Goas industry\" \/>\n<meta property=\"og:description\" content=\"Finance minister Nirmala Sitharamans announcement that the Special Economic ZonesAct, 2005, (SEZAct) will be revamped to enable states to partner in industrial hubs has aroused thecuriosityof several local industrialists. Given that Sitharaman said that the new law would cover existing industrial enclaves many in the state are eager to see the new legislation when it ... 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Given that Sitharaman said that the new law would cover existing industrial enclaves many in the state are eager to see the new legislation when it ... 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