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CS Executive · Economic, Commercial and Intellectual Property Laws · Law relating to Special Economic Zones

Meridian Infra Ltd. wants approval for a proposed Special Economic Zone near Pune and also wants its proposal to be modified before approval. Under the Special Economic Zones Act, 2005, which authority is empowered to grant, reject or modify proposals for establishing a Special Economic Zone?

The Board is the authority that can grant approval, reject or modify proposals for establishing a Special Economic Zone. This is expressly listed among the Board's powers and functions in section 9(2)(a) of the Special Economic Zones Act, 2005.

  1. AThe BoardCorrect
  2. BThe Development Commissioner acting alone
  3. CThe State Government acting alone
  4. DThe Parliamentary committee on commerce

Explanation

Section 9(2)(a) provides that the Board's powers and functions include granting approval, rejecting or modifying proposals for establishment of Special Economic Zones. The Development Commissioner exercises only those powers the Board delegates to it, so it is not the primary approving authority.

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