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Tax Code: SEZ issues dealt at top level


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Govind Lal
SEZ_points to ponder
by Govind Lal on Oct 27, 2009 08:30 PM

SEZ is a legal frame work for colonization of India.
Some points to ponder on SEZ act
SEZ act has several clauses which can be used for colonization.
Policy paper was finalized in 2004.
This act was passed in the parliament without serious debate. Just two days. 10th and 11th May 2005.
Lot of fertile land will be acquired for SEZ-by force.
Landless and Agricultural labourers will be displaced without compensation.
Destruction of land-based economy
Labour laws of India not applicable to SEZ.
Revenue Losses due to unnecessary tax concessions: estimated Rs 1,75,487 crores for the first five years
Regional and sectoral imbalances: threatening federal system.
Status of deemed “foreign territory” to SEZs will make government machinery ineffective.
No space for popular concerns or public consultation
SEZ Act provides legislative and judicial support to privatization of the country’s resources and has the potential to destabilize the democratic governance system.
Read success story of farmers Maharashtra "The Supreme Court’s decision not to extend the deadline for land acquisition for the Mumbai SEZ is a victory for Maharashtra’s farmers." front line

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