Current Affairs - Miscellaneous - Discussion
Discussion Forum : Miscellaneous - Latest Current Affairs (Q.No. 4140)
4140.
Which of the following Bill was recently passed in Lok Sabha, that will allow an entity to set up units in special economic zones (SEZs)?
Answer: Option
Explanation:
The Lok Sabha passed the Special Economic Zones (Amendment) Bill, 2019 on 26 June. The amendment of sub-section (v) of Section 2 of the SEZ Act, 2005 will make a trust or any entity notified by the Central government eligible for consideration of grant of permission to set up a unit in special economic zones. The Bill aims at improving and encouraging more investments and introducing features including single-window clearance and to ease imports and exports.
Discussion:
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