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SIR Act 2009

  • It empowers the State Government to build up, create, work and direct the Special Investment Regions (SIR)
  • The Government is engaged to proclaim Investment Region or Industrial Area and assign them as Special Investment Region (SIR
  • An Investment Region will have as zone of more than 100 sq. Kms and an Industrial Area will have a range of more than 50 sq. Kms
  • An Investment Region will have as zone of more than 100 sq. Kms and an Industrial Area will have a range of more than 50 sq. Kms
  • The managerial instrument contains an Apex Authority (GIDB), a Regional Development Authority (RDA) for every SIR, a Project Development Agency and undertaking particular SPVs
  • The RDA will make its own particular regulations for building, development and advancement
  • The Apex Authority will be the single window framework and the main contact for the setting up any monetary movement or convenience in the SIR
  • GIDB will go about as the Apex Authority for the SIR

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