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House nod to privileged trade hubs

Calcutta, Dec. 9: The Assembly today cleared the West Bengal Special Economic Zone Bill, 2003, empowering the government to identify and develop industrial areas with special incentives to entrepreneurs.

The Trinamul Congress and the Congress opposed the bill tabled by industries minister Nirupam Sen. Lone SUCI MLA Debaprasad Sarkar walked out of the House protesting against it.

A Special Economic Zone Development Authority will be formed on the lines of the CMDA in every special zone. The authority will discharge the functions of a municipality, monitor administrative affairs and development activity and wield the power to fix up taxes or service charges for the amenities and infrastructure. The bill also empowers the government to select a developer to create a new special zone.

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