Should India be able to decouple itself from US Subprime Impact?

Monday, August 13, 2007

Govt allows extension to Reliance Maha Mumbai SEZ

NEW DELHI: Government on Wednesday said it has extended by one year the in-principle approval to Reliance Industries' Maha Mumbai SEZ but asked the promoters to cut the size of the zone to 5,000 hectares in line with the new rules.
Besides, the Commerce Ministry has also asked Mukesh Ambani-owned RIL to ensure that the land acquisition for the project must be done with the consent of the owners and no compulsory acquisition is done by the state government.

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