Wednesday, March 05, 2025 | 02:03 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Coastal economic zones face land hurdle

CEZs are spatial-economic regions, which could extend along 300-500 km of coastline

Coastal economic zones face land hurdle
Premium

Megha Manchanda New Delhi
The Centre’s ambitious plan of setting up coastal economic zones (CEZ) has hit a sandbank. Non-availability of contiguous land parcels with the states along with huge acquisition and subsequent compensation costs are delaying the execution of the project, according to sources.
 
In July 2016, under the Sagarmala programme, the government had announced setting up 14 CEZs, to be aligned to relevant ports in the maritime states and house coastal economic units for setting up manufacturing facilities.
 
The CEZs will host big manufacturing and export-oriented units. These would include labour-intensive industries such as clothing, footwear, electronics as well as

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in