The Indian Green building council, in collaboration with the ministry of commerce and industry, advanced the green SEZ suggestions. The ranking system encourages projects to exceed the requirements of codes and standards. The USA’s oldest export sector, has ended up India’s “first green industrial city,” receiving a platinum score underneath the GBC green towns rating for existing cities inside the industrial town’s class. Most species of trees were planted after 2019 using the miyawaki afforestation method.
What is a Kandla Special Economic Zone (KASEZ)?
Kandla Special Economic Zone (KASEZ), formerly known as the Kandla Free Trade Zone, is situated in the Gujarat state coastal town of Gandhidham Has and has become India’s “First Green Industrial City. Amongst the most notable characteristics of this special industrial territory at Kandla is that it would be solely a union government territory instead of others with greater private investment. Kandla Special Economic Zone (KASEZ) is India’s first and biggest multi-product Special Economic Zone. Kandla’s Special Economic Zone idea was established based on a unique Special Economic Zone (SEZ) system initiated in the Input and Output Strategy in 2000.
The main aim is to provide an environment for production and export that is both competitive internationally and risk-free. Because the KASEZ, the first green industrial city, provides all services to export industries, it is in high demand among India’s trade production sites. The gross exchange rates going to the Kandla Special Economic Zone exceed 60%, making it the highest in the nation. Over 15,000 staff are working in Kandla SEZ units, many women. KASEZ grew 68 species of trees and attracted 28 varieties of birds, all of which have been evaluated and recorded on a bit of land that used to be a salt pan, including almost no grasslands.
The mechanism for SEZ Approval
A special economic zone (SEZ) is a region where commerce and industry regulations vary from others in the rest of the nation. SEZs are situated inside a nation’s territory and focus on increasing currency value, work opportunities, government investment, business growth, and effective implementation. The host nation’s economic establishment of special economic zones may be based on a desire to diversify its economy. Being in a certain economic territory may allow a company to generate and exchange goods more cheaply, allowing it to compete on a global scale. Some regions have heavily criticised the regions for being little more than work camps, with labourers rejecting basic labour rights.
- A 19-member inter-ministerial SEZ Directors of Authorization oversees the SEZ acceptance method through a single operation (BoA).
- The proposal must be submitted to the state government by the development company.
- Within 45 days, the state government submitted this proposed bill to the BoA and its suggestion.
- The development company or candidate may also apply straight to the BoA.
- The Board, which is a 19-member Committee assigned by the National Government, makes the call based on the qualities of the proposed project. The Board makes the final decision by common understanding.
- The Secretary of the Department of Commercial transactions, Ministry of Trade, chairs the Board.
Initiatives that assisted KAZEZ in achieving this status:
- Green Coverage: Compared to KASEZ’s 25,000 trees in 2019, the 1000-odd acres have 3.5 lakh trees. Most of these trees were cultivated after 2019 and used the Miyawaki tree plantation technique.
- Tree and bird species: On a tract of land that used to be a salt pan, including almost no
grasslands, KASEZ succeeded in expanding 68 species of trees as well as attracting 28
varieties of birds that were also evaluated and recorded.
- Salt Pan Growth Stopped: The SEZ resulted in a declining sodium pan beyond Kandla. The vegetation cover greatly helped decrease salt content and the betterment of topsoil nutrients. The water has become less salty, and planting trees has improved. Drip irrigation systems have also been used.
Conclusion
The Indian government holds a meeting of the Board of Approval (BoA) every year to determine the special economic zones allowed to operate in the country. Kandla Special Economic Zone (KASEZ), the country’s oldest export zone, has been designated as India’s “first green industrial city” by the IGBC Green Cities Rating for existing areas in the industrial cities category. The main goal of the Kandla SEZ is to provide an environment for production and export that is both competitive internationally and risk-free. The Kandla SEZ encourages investment in export-oriented industries and seeks to reduce their dependence on imported raw materials.