Coastal Economic Zone
Recently, fourteen Coastal Economic Zones (CEZs) were envisaged including three in the state of Tamil Nadu, under the National Perspective Plan of the Sagarmala Programme.
- It was proposed to create an institutional framework and develop one CEZ project on a pilot basis for enabling Port Led Industrialization and incentivize employment generation.
About CEZs
- It refers to designated coastal areas with special economic regulations such as tax incentives and lower tariffs to make it friendly for foreign direct investment.
- It is similar to Special Economic Zone (SEZ) but focuses on coastal development projects such as the development of port-proximate industrial clusters, promoting port-led ....
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- 1 High-Powered Committee on Ladakh
- 2 Corrupt Practices under Representation of People Act, 1951
- 3 Section 69(A) of Information Technology Act, 2000
- 4 Article 105 of Constitution: The Limits to Free Speech in Parliament
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- 8 Rule 357 of Rules of Procedure and Conduct of Business in Lok Sabha
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- 10 Rule 267 of Rajya Sabha Rule Book