The Indore Special Economic Zone (Special Provisions) Act, 2003
The Indore Special Economic Zone (Special Provisions) Act, 2003
General200319 sections
This Act establishes the Indore Special Economic Zone to boost industrial development by creating a dedicated area with streamlined regulations. It designates a Development Commissioner as the primary authority to grant approvals, manage town planning, and oversee infrastructure development, effectively acting as a single-window agency for businesses. The law overrides certain local land-use rules to facilitate faster construction and operation of units within the zone. It also serves as the chief conciliator for industrial disputes, ensuring smooth operations and economic growth in the designated area.
- 1. Short Title, extent and commencement
- 2. Definitions
- 3. Powers and Functions of the Development Commissioner
- 4. Development Commissioner to be Chief Conciliator
- 5. Nomination of officers to assist the Development Commissioner
- 6. Appointment of Developer
- 7. Land for the Zone
- 8. Functions of the Developer.
- 9. Power of Developer in respect of land and levy of charges
- 10. Provision for infrastructure or amenity by Developer
- 11. Generation and supply of electricity
- 12. Declaration of Zone to be Industrial Township Area
- 13. Exemption from State taxes, duties and cess
- 14. Act to override other laws
- 15. Protection of action taken in good faith
- 16. Power to remove difficulties
- 17. Power to make rules
- 18. Power to make Regulations
- 19. Saving of operation of other laws
PDF: pending for this language.