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Referendum on SEZ stumps RIL

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Reliance Industries, which is developing the countrys largest special economic zone (SEZ) near Navi Mumbai on 10,000 hectares, has been caught on the wrong foot by the state governments decision to carry out a referendum in 22 villages covered under the SEZ. This is for the first time in the country that project-affected farmers opinion was being sought whether they were ready to part with their land.

State Chief Secretary Johnny Joseph told Business Standard that the referendum will not be extended to other projects in the state, where land acquisition is an issue. This is a special case as the 22 villages can get irrigation facility after the work on distribution channels was completed.

However, thats small consolation for Reliance, which expressed surprise over the state governments sudden decision. Though Mumbai SEZ Pvt Ltds spokesperson declined to comment, sources close to the company said the state government should have informed the company before taking such a decision.

More : business-standard.com

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