17 February – The Seventh Meeting of the Working Group on Investment Zones in Iraq, Paris, France
Session 1: Rationales for Special Economic Zones (SEZs) and Best Practices
SEZ Case Studies – Anders JÖNSSON, Policy Analyst, Global Relations Secretariat, OECD and Mike Pfister, Policy Analyst, Investment Division, Directorate for Financial and Enterprise Affairs, OECD
17 February – The Seventh Meeting of the Working Group on Investment Zones in Iraq, Paris, France
Session 1: Rationales for Special Economic Zones (SEZs) and Best Practices
SEZ Case Studies – Anders JÖNSSON, Policy Analyst, Global Relations Secretariat, OECD and Mike Pfister, Policy Analyst, Investment Division, Directorate for Financial and Enterprise Affairs, OECD
Vasna, a municipal ward under Ahmedabad Municipal Corporation (AMC) was taken for study for Area Planning Studio -2013. The aim was to identify the key issues, opportunities and inherent development potential of the ward and to prepare a ward plan through a specific vision which could mitigate the current problems plaguing the ward and promote balanced development and thus serve the present and future population of the ward as well as the city.
Impact of Interstate Bus terminal on the Builtform of Residential Neighbourho...Shivika Mehrotra
In the developing countries like India, urbanization is taking place, rapidly. There are various reasons behind this urbanization. In the process, the built form and land use inside the cities are observing rapid transformation. Among many other factors behind this transformation, one key factor is transport nodes. A new transport node, when introduce inside a city, the surrounding area experiences very fast changes in built form as well as in land use. One such case can be found near ISBT, Gomtinagar, Lucknow. The area, once the pride of Lucknow due to Battle of Chinhat ;- now is experiencing rapid change in built form and land use due to the introduction of ISBT, Gomtingar. The area is situated on Faizabad Road between two very famous and developed residential zones of lucknow i.e. Indiranagar and Gomtinagar. The area has large number of old settlements like Patel Nagar, Surender nagar, Mulayam Nagam, Ismailganj, Kamta etc. Lucknow High Court is situated across the road of the above mentioned settlement areas. Apart from Lucknow High Court there are mall, government offices, private offices etc. in the area. There are also many commercial buildings nearby. People coming to Lucknow High Court and ISBT often stays in the above mentioned settlements. As a result, there are many changes occurring in those settlements. One can see the changes in terms of built form, building typologies, land use, building use etc. This phenomenon requires immediate academic attention for understanding the extent of impact of such transportation nodes on near-by residential zones. It might lead to formulate a road map for future built forms and land use in similar cases. The study will be conducted using spatial analysis method and Correlation method. The probable frame work of the study will be based on plotting various land use and built form over a period of time. The outcome of the study will help us to have a better understanding of how land use and built form changes over time due to presence of a stimulae like a transportation node. It might also help us to govern the future built form and land use of such areas.
Keywords: Built Form, Correlation method, Land Use, Spatial Analysis, Transformation, Transportation Node, Urbanization.
Strategies for Development of Peri Urban Areas in a Developing Country A Case...ijtsrd
The world is experiencing a new phenomena – peri urbanism. As the population is increasing and cities are infrastructurally upgraded, there has been a gradual shift of the urban population from the more developed regions to the less developed ones, aimed at availing free open spaces to live, grow and setting up new communities. This movement of urban population in large numbers has led to formation of peri urban spaces. With no such boundary to define the peri urban spaces, these areas are the outskirts of the urban centres which are to be explored. A detailed understanding about the dynamics of urbanisation is necessary for coping with the negative effects poised by urban sprawling on the peri urban areas. Being designated as one of the first smart city of India, Bhubaneswar city is experiencing formation of urban sprawls around the major urban nodes. In order to further examine the need for policy formulation, a detailed study has been done to understand the demographic, economic and social profile of the inhabitants residing within the fringe areas of Bhubaneswar. The emperical approach of the paper is based on the study of the infrastructure and development issues of the area using remote sensing and GIS techniques. The final findings of the study includes the issues, problems and recommendations to be applicable for a planned and controlled development in the peri urban areas of Bhubaneswar. Leena Sahoo | Swapna Sarita Swain "Strategies for Development of Peri-Urban Areas in a Developing Country (A Case Study of Bhubaneswar)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd42350.pdf Paper URL: https://www.ijtsrd.comengineering/architecture-and-planning/42350/strategies-for-development-of-periurban-areas-in-a-developing-country-a-case-study-of-bhubaneswar/leena-sahoo
SPECIAL ECONOMIC ZONE ( SEZ ) Case study Of West Bengal Kolkata SEZ RegionSudipDey40
Sez are Totally commercial area specially established for the promotion foreign trade.
Regions designated for economic development oriented toward inward FDI and exports fostered by special policy incentives.
Housing & urban development corporation (hudco) Moksha Bhatia
Introduction to HUDCO, Objectives, Brief history of HUDCO, Government programmes by HUDCO, Sources of funding, Housing by HUDCO, Infrastructure by HUDCO with eaxamples
National Housing and Habitat Policy,2007-IndiaJIT KUMAR GUPTA
Framing Policies remains integral part of government commitment, operations, functioning and management. Policies framed focus on critical issue facing state/country, define agenda and options for approaching them in realistic and rational manner to remove all roadblocks and create supporting/enabling environment, to achieve the goals defined in the said policies. Considering role and impotence of housing in the physical, environmental, economic and social development including employment generation, industrial growth, promoting quality of life and ensuring welfare of individuals and communities, providing adequate and appropriate housing for all has been the objective which all governments want to achieve as part of national agenda. Housing, as one of the basic/critical necessities of human living, remains most dynamic, always evolving and devolving, never static and never finite. Housing and Habitat Policy framed by the Government of India, remains the first ever housing policy which is urban centric and focuses exclusively on urban housing. Framed in the year 2007 , outlining the prevailing status of urban housing in the country including shortage of housing, policy defines the need, goal , aims besides defining the role and responsibilities of parastatal and other agencies operating at central, state and local levels to achieve the goal of -Housing for all. Policy also outlines the functions to be performed by the agencies involved in research and development of evolving appropriate construction technologies and financial institutions to ensure flow of adequate funds in the housing sector. Text also analysis, critically and objectively, the need for rationalizing the policy to make it more focused, effective and efficient.
Vasna, a municipal ward under Ahmedabad Municipal Corporation (AMC) was taken for study for Area Planning Studio -2013. The aim was to identify the key issues, opportunities and inherent development potential of the ward and to prepare a ward plan through a specific vision which could mitigate the current problems plaguing the ward and promote balanced development and thus serve the present and future population of the ward as well as the city.
Impact of Interstate Bus terminal on the Builtform of Residential Neighbourho...Shivika Mehrotra
In the developing countries like India, urbanization is taking place, rapidly. There are various reasons behind this urbanization. In the process, the built form and land use inside the cities are observing rapid transformation. Among many other factors behind this transformation, one key factor is transport nodes. A new transport node, when introduce inside a city, the surrounding area experiences very fast changes in built form as well as in land use. One such case can be found near ISBT, Gomtinagar, Lucknow. The area, once the pride of Lucknow due to Battle of Chinhat ;- now is experiencing rapid change in built form and land use due to the introduction of ISBT, Gomtingar. The area is situated on Faizabad Road between two very famous and developed residential zones of lucknow i.e. Indiranagar and Gomtinagar. The area has large number of old settlements like Patel Nagar, Surender nagar, Mulayam Nagam, Ismailganj, Kamta etc. Lucknow High Court is situated across the road of the above mentioned settlement areas. Apart from Lucknow High Court there are mall, government offices, private offices etc. in the area. There are also many commercial buildings nearby. People coming to Lucknow High Court and ISBT often stays in the above mentioned settlements. As a result, there are many changes occurring in those settlements. One can see the changes in terms of built form, building typologies, land use, building use etc. This phenomenon requires immediate academic attention for understanding the extent of impact of such transportation nodes on near-by residential zones. It might lead to formulate a road map for future built forms and land use in similar cases. The study will be conducted using spatial analysis method and Correlation method. The probable frame work of the study will be based on plotting various land use and built form over a period of time. The outcome of the study will help us to have a better understanding of how land use and built form changes over time due to presence of a stimulae like a transportation node. It might also help us to govern the future built form and land use of such areas.
Keywords: Built Form, Correlation method, Land Use, Spatial Analysis, Transformation, Transportation Node, Urbanization.
Strategies for Development of Peri Urban Areas in a Developing Country A Case...ijtsrd
The world is experiencing a new phenomena – peri urbanism. As the population is increasing and cities are infrastructurally upgraded, there has been a gradual shift of the urban population from the more developed regions to the less developed ones, aimed at availing free open spaces to live, grow and setting up new communities. This movement of urban population in large numbers has led to formation of peri urban spaces. With no such boundary to define the peri urban spaces, these areas are the outskirts of the urban centres which are to be explored. A detailed understanding about the dynamics of urbanisation is necessary for coping with the negative effects poised by urban sprawling on the peri urban areas. Being designated as one of the first smart city of India, Bhubaneswar city is experiencing formation of urban sprawls around the major urban nodes. In order to further examine the need for policy formulation, a detailed study has been done to understand the demographic, economic and social profile of the inhabitants residing within the fringe areas of Bhubaneswar. The emperical approach of the paper is based on the study of the infrastructure and development issues of the area using remote sensing and GIS techniques. The final findings of the study includes the issues, problems and recommendations to be applicable for a planned and controlled development in the peri urban areas of Bhubaneswar. Leena Sahoo | Swapna Sarita Swain "Strategies for Development of Peri-Urban Areas in a Developing Country (A Case Study of Bhubaneswar)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd42350.pdf Paper URL: https://www.ijtsrd.comengineering/architecture-and-planning/42350/strategies-for-development-of-periurban-areas-in-a-developing-country-a-case-study-of-bhubaneswar/leena-sahoo
SPECIAL ECONOMIC ZONE ( SEZ ) Case study Of West Bengal Kolkata SEZ RegionSudipDey40
Sez are Totally commercial area specially established for the promotion foreign trade.
Regions designated for economic development oriented toward inward FDI and exports fostered by special policy incentives.
Housing & urban development corporation (hudco) Moksha Bhatia
Introduction to HUDCO, Objectives, Brief history of HUDCO, Government programmes by HUDCO, Sources of funding, Housing by HUDCO, Infrastructure by HUDCO with eaxamples
National Housing and Habitat Policy,2007-IndiaJIT KUMAR GUPTA
Framing Policies remains integral part of government commitment, operations, functioning and management. Policies framed focus on critical issue facing state/country, define agenda and options for approaching them in realistic and rational manner to remove all roadblocks and create supporting/enabling environment, to achieve the goals defined in the said policies. Considering role and impotence of housing in the physical, environmental, economic and social development including employment generation, industrial growth, promoting quality of life and ensuring welfare of individuals and communities, providing adequate and appropriate housing for all has been the objective which all governments want to achieve as part of national agenda. Housing, as one of the basic/critical necessities of human living, remains most dynamic, always evolving and devolving, never static and never finite. Housing and Habitat Policy framed by the Government of India, remains the first ever housing policy which is urban centric and focuses exclusively on urban housing. Framed in the year 2007 , outlining the prevailing status of urban housing in the country including shortage of housing, policy defines the need, goal , aims besides defining the role and responsibilities of parastatal and other agencies operating at central, state and local levels to achieve the goal of -Housing for all. Policy also outlines the functions to be performed by the agencies involved in research and development of evolving appropriate construction technologies and financial institutions to ensure flow of adequate funds in the housing sector. Text also analysis, critically and objectively, the need for rationalizing the policy to make it more focused, effective and efficient.
This PPT explains the spatial characteristics of the city, how it changed from past to present and what will be the expected areal Expansion of the city due to various factors. it also contains demographic, landuse, problems related to existing services etc.
A brief about the History, Origin and Functionalities and Purpose of the Visakhapatnam Special Economic Zone, and its contribution to the growth of the Economy of the Country by way of earning foreign exchange to the tune of Rs 74100 Crore during 2018-19.
Alister Toma - Real Estate & Property For SaleAlister Toma
Alister Toma - Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. https://sportlio.com/alister-toma-vancouver/
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BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
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Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
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How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
10. Dr. vikhe patil FounDation’s
Pravara Centre for
Management Research &
Development
Research Paper Presentation
“Emergence of Tier II Cities in
Maharashtra”
By Prasad S. Lagad
11. Agenda
• Introduction - Maharashtra – Development of Maharashtra,
Potential for business & growth
• Objectives
• Theme of Research
• Tier II Cities – Basis of Classification
• Pune City – Historic Base, Education, Tourism, Infrastructure
• Special Economic Zone – Act, Rules & Regulations, Approvals,
Tax benefits, Exemptions, EXIM Policy
• SEZs in Pune – Why Pune city, Reasons for growth
• Observations & Findings
• Conclusion
• Bibliography
15. Tier II Cities in Maharashtra
AURANGABAD
PUNE
NAGPUR
NASIK
16. Tier II cities – Basis of Classification
• Tier - A relative position or degree of value in
a graded group.
• Tier I, II & III – Various criteria such as Real
Estate, Infrastructural Development, Size of
Population, Income of Population(Inclusive of
HRA & CCA).
• Reasons for classification of Tier I, II & III.
• Tier II cities in Maharashtra –
Aurangabad, Pune, Nagpur & Nasik.
17. Reasons to select
• Geographical Location
• Historic Base
• Educational Hub
• Availability of Skilled resources
• Scope to explore real estate sector
• Infrastructural Developments & Transport
System
18. Special Economic Zones
• Concept :-
• Duty free areas with Integrated Infrastructure
• High Point – Preferential Policy framework with a
package of incentives
• Benefits of local advantages within an international
business environment
• Business infrastructure combined with social facilities
• Development, Administration and Operation to be
undertaken by private sector to enable a hassle free
operating environment
• Envisage as areas of excellence to enable global
companies to derive domestic advantages for doing
business.
19. Special Economic Zone
• Origin from Industrial Parks to SEZs – 1896
• Chinese Experience – 1979-80
• Extremely successful Chinese format to
promote exports, attract FDI and foster overall
economic growth
• Shenzhen SEZ, started in 1981, has achieved
38% GDP growth. CAGR – the highest
economic growth recorded in human history
20. SEZ Framework
SEZ can be categorized on basis of
sector, function or location and required to
have processing as well as non processing
area.
21. Types of SEZ
Sector – Multi – Product SEZ in port or
Specific SEZ SEZ Airport
Manufacture multiple
goods in one sector or SEZ in an existing port or
Manufacture one or more airport for manufacture
across multiple sectors :-
goods in a particular sector.
of goods falling in two or
Render one or more Trading & Warehousing
more sectors or for
services in a particular Render two or more trading and warehousing
sector services in a sector or or rendering of services.
multiple sectors.
22. Minimum Area Requirement
Sr. No. Type Minimum Area of SEZ
1 Multi Product SEZ 1000 Ha.
2 Multi Services SEZ 100 Ha.
3 Sector Specific SEZ 100 Ha.
4 Port Based 100 Ha.
5 Airport Based 100 Ha.
6 Electronic Hardware & Software including ITES 10 Ha. & min built up area of 1
lakh Sq mt. for IT
7 Bio Technology 10 Ha. & min built up area of
40,000 Sq mt.
8 Gems & Jewellery / Handicraft 10 Ha. & min built up area of
50,000 Sq mt.
9 Non – Conventional Energy including Solar 10 Ha. & min built up area of
energy equipment cell 40,000 Sq mt.
10 Free Trade Warehousing Zone 40 Ha. & min built up area of 1
lakh Sq mt.
23. SEZ Layout
Non-Processing
Processing Area
Area
Non Processing area is intended to
Processing area is the demarcated area in provide support facilities to SEZ
SEZ where units can be located for processing area and may include :
manufacture of goods and services * Educational institutes
Minimum processing area has been * Hospitals
uniformly fixed at 50% * Hotels
1000 ha – 5000 ha for multi product SEZs * Recreation and entertainment
100 ha for product specific SEZs * Residential and business
complexes
24. • SEZ defined in India:-
“Specifically delineated duty free enclave and
shall be to be foreign territory for the purposes
of trade operations and duties and tariffs”
- EXIM Policy 2000, Chapter 9 Para 30
25. SEZ :- Indian scenario
• To achieve its three-fold objectives of
attracting FDI, increasing exports and
accelerating the country’s economic growth
the Government of India announced the
introduction of Special Economic Zones (SEZs)
in it Export-Import Policy of March 2000.
26. Legal framework for setting up SEZ is
defined under SEZ Act and State SEZ
Policy
State SEZ
Policy
Legal
Framework
SEZ SEZ
Act, 200 Rules
5 2010
27. SEZ Approval
• SEZ can be established either by Central or
State government or privately.
Type Minimum Net Worth Criteria
Investment
Sector Specific 250 cr. 50 cr.
Multi Product 1000 cr. 250 cr.
• Prescribed form should be submitted for
approval to state government, which is
forwarded to Board of Approval consisting of
(Deputy Secretary, Ministry of Commerce &
Industry, Department of Commerce, Udyog
Bhavan, New Delhi)
28. Procedure of Board of Approval for SEZ
SEZ Status Definition
Formally Approved Given when land is available to set up the
SEZ
In Principle Approval Given when the land has not yet been
secured but all other criteria are fulfilled
Notified Final stage after which physical
development work begins
29. Maharashtra’s Contribution
Approval No of units
Formal Approval 105
In Principle Approval 38
Notified SEZs 63
Contribution in %age compared to
whole India
Approval %age
Formal Approval 18.13
In Principle Approval 24.55
Notified SEZs 17.16
30. Growth of Maharashtra from
SEZ IT / ITES
Year Maharashtra State
(Rs. In Crores)
2006-07 27625.00
2007-08 35374.00
2008-09 42360.88
31. Tier II cities Contribution
Approval No of units
Formal Approval 42
In Principle Approval 11
Notified SEZs 17
Contribution in %age compared to
whole Maharashtra
Approval %age
Formal Approval 20.38
In Principle Approval 05.33
Notified SEZs 08.25
32. Pune City Contribution
Approval No of units
Formal Approval 32
In Principle Approval 05
Notified SEZs 24
Contribution in %age compared to
whole Maharashtra
Approval %age
Formal Approval 15.53
In Principle Approval 02.42
Notified SEZs 11.65
41. SEZ Facts
• Total Investment made inclusive of Foreign
Direct Investment (FDI) up to 31. 03. 2008 is
Rs. 1578.43 Crores in Pune.
• Employment Created:- Direct Employment –
20,274 Employees (Men-14908 & Women-
5366) Indirect Employment – 30,509
Employees in Pune.
42. Current Updates
• US to invest in Indian Tier II cities
• Software exports from Tier-II cities up: Minister
• Infosys eyeing Tier-II cities for expansion
• Tier II cities - The next IT destination
• Domino's spreads to Tier II & III cities in India
• Fujitsu Consulting eyes tier-II cities
• It’s raining projects on Pune
• Pune On top of state list with 13 SEZs @ Rs 8.8Kcr
• IT Exports rise by 15.01 percent from SEZs.
43. Cons of SEZs
• Lack of Proper Rules
• Diversity in Development
• Mangrove Destruction
• Fertile Land Destruction
• Land Requirements
44. Observation & Findings
• Maharashtra State exploring Tier II cities.
• Increase in FDI in Tier II cities.
• Pune as a Tier II city makes a shift towards
Tier I parameters.
• IT sector in Pune city major contributor in SEZ
exports.
45. Conclusion
• Special Economic Zones have boosted Exports.
• Increase in Trade & Commerce Activities due
to SEZ.
• Tier II cities got a gateway due to SEZ.
• Development of Tier II cities in faster pace.
• SEZ Policy needs revision from time to time.
• SEZ to make more concrete rules with regards
to Small Scale Investors & Developers.
The points to be discussed for this ppt are as follows
Development of Maharashtra & potential for growthIntroduction:-“In human society too much wealth or too much poverty is a great impediment to the higher development of soul. It is from the middle classes that the great ones of the world come. Here the forces are very equally adjusted and balanced.”Swami VivekanandWith this statement I start intorduction of my paper. The state of mh is a developing state where there has been conitnous progress in all the sectors of the economy. We can see that there are 3 sectors – agri, indst, & service sector. Agri sector being bakbone of our economy due to huge growth of service sector agri sec has fallen down. Reoprts say that* Agricultural sector in Maharashtra has fallen form 9.0% in 2006-07 to 5.8% in 2007-08. whereas* Industrial sector in Maharashtra has come down from 12.6% in 2006-07 to 10.3% in 2007-08, and* Service sector in Maharashtra has gone up from 8.5% in 2006-07 to 9.1% in 2007-08. Here lies the danger as well as an opportunity for the State of Maharashtra, Which forces me to do the research on the said topic.The objectives to carry on the research are as follows that is to ……..Objectives:-* To analyze the potential of Tier II cities towards the economic development in Maharashtra.* To analyze different perspectives of the topic from both corporate as well as research scholars.* To analyze various booming sectors which have contributed towards the overall economic development.
Themes:-*Government policies in terms of industrial policies, SEZs, Tax regimes…* Potential in reality sector, outsourcing, IT sector, retail sector, Educational Hubs..*Availability of skilled resources, economies of scale, infrastructural facilities…
Income of population – inclusive of HRA, CCA which helps to find out the cost of living in that city.Helps to know the level of Economic Development of that particular region. Metros are basically regarded as Tier I cities, relatively smaller cities are regarded as Tier II cities whereas smaller cities are considered as Tier III ones. Here is the explanation why they are considered so:-As Indian economy experiences the boom in all sectors triggered by its economic and investment policies, the metros or the Tier I cities are the ones that are inundated with burgeoning investments in the industrial and the services sector. Along with large-scale investments has boomed the realty sector creating congestion, arising out of an increasing demand for residential and commercial properties. This congestion in realty structures has forced the respective governments and many investment companies to seek out for alternative smaller cities leading to a demand for Tier II and III cities.One of the basic reasons for investments flocking in to the smaller cities is available properties and affordable prices. Moreover, the special initiatives taken by the respective governments in providing the smaller cities with infrastructural facilities and creation of SEZs, has played a vital role in promoting these small towns into cities of the future. Keeping in view all the congenial factors necessary for setting up corporate infrastructure, the investing companies ranging from pharmaceuticals to financial institutions, automobiles to the IT & ITES sectors; to the retail and real estate sector are opting for the smaller cities transforming them into India's fastest growing cities in a matter of few years.While the realty trend in Tier I cities have reached a saturation point, with the yield gap witnessing significant margin of 9.5 to 10 per cent, the Tier II cities record a yield of 10.5 to 11.5 per cent. However, the emerging winners in the present real estate scenario of India are the Tier III cities, which offer greater yields of up to 12 percent. This rising prices and promising future of these cities are driving investors to buy properties predicting long-term gain in years to come.
Geographical location:- Pune city is closely located to Mumbai city at a distance of 170 kms. Nearby industrial area Pimpri-Chinchwad, Expansion of geographical limits of Pune corporation Close to Mumbai Port, Mumbai as a big market i.e. availability of customersHistorical Base:- Shaniwar Wada, LalMahal, Ganeshutsav & most famous PuneriSadashivPeth and puneri people.Educational Hub:- UoP well known as Oxford of East and Expanding Deemed & Foreign Universities. Potential for educational / service sector to grow. Market not only for universities but also for various allied coaching institutes, book publishers – Sharp, Pragati, Nirali & ‘Thakur’Skilled Resources:- Puneties with exposure to industrial sector, service sector – IT industryRealty Sector:- with no place for real estates to explore in Mumbai, a shift to Pune City. Areas for scope – Baner, Chakan, Mulshi, Katraj, Talegaon, PCMC – Golden Triangle (Pune, Mumbai & Nasik)Infrastructure:- Light, water, flyovers, expressways, BRTs, Airports, Railways – connecting pune to all major cities in India and almost all cities in Maharashtra.
SEZ is a geographical region that has economic laws different from a country’s generally applicable economic laws, with the underlying objective being an increase in economic growth and activity through increased foreign exchange.It is a duty free area which is meant for the purposes of trade operations, duties and tariffs for investors.
A SEZ may be established either jointly or severally by the central govt, state govt or any person for manufacture of goods or rendering services or for both or as a free trade and ware housing zone. Min investment required for sector specific is Rs 250 cr. Or Rs 50 cr. Net worth criteria. and for multi product SEZ is Rs 1000 cr. or Rs. 250 cr. Net worth criteria
1) In- Principle Approval:-Board of Approval grants In- Principle approval in cases where the SEZDeveloper is not having the land in its possession either by ownership or lease.2) Formal Approval:-Once the SEZ Developer is in possession of the land either by ownership orlease, and submits the details of the land to State Govt. and to the BoA and theState Government recommends the case, BoA grants Formal Approval.3) Notification of SEZ:-After Formal Approval by BoA , the details of the land (with Survey Nos. andMap) with a certificate from the concerned State Government or its authorizedagency stating that the developer have legal possession and irrevocable rightsto develop the said area as SEZ and the said area is free from all encumbrancesand inspection report of Development Commissioner SEZ, as given in the SEZRules are to be submitted to the Department of Commerce & Industry. Thereafterthe BoA notifies the SEZ by way of issuance of a notification. No furthernotification from Ministry of Finance is required.