Published on: July 17, 2021

KANDLA SEZ

KANDLA SEZ

barehanded Location : Gujarat

Boadilla del Monte What is in news : KASEZ is the First Green SEZ to achieve the IGBC Green Cities Platinum Rating for Existing Cities.

What is IGBC Green Rating:

  • IGBC Platinum rating has been awarded for ‘Green master planning, policy initiatives and implementation of green infrastructure’ by CII’s Indian Green Building Council (IGBC).
  • The recognition is set to pave way for all the other SEZs in the country to emulate the green initiative and efforts of Kandla SEZ.

Why did Kandla SEZ win :

  • Accomplished in Bhuj region where water conservation and afforestation are critical interventions.
  • Commitment of the Government to the Green SEZs Mission as part of celebrations marking India@75 – Azadi ka Amrut Mahotsav.

What is SEZ : An SEZ is a territory within a country that is typically duty-free (Fiscal Concession) and has different business and commercial laws chiefly to encourage investment and create employment.