Nazrul islam, College in Mymensingh, Bangladesh

The Centre has decided that all notified SEZs will be deemed to be a multi-sector SEZ."According to the previous notification, the proposed Tripura SEZ at Paschim Jalefa (near the India-Bangladesh border town of Sabroom) in south Tripura was to be agro-based food processing SEZ," said a Tripura Industries and Commerce Department official.The SEZ is expected to open new avenues and attract private investment across sectors considering its proximity to Bangladesh's Chittagong international sea port.A bridge Maitri Setu is under construction across the Feni river near the proposed SEZ. On completion by April, it will connect Tripura with southeast Bangladesh and facilitate transportation of goods to the Chittagong port, which is around 70 km from Sabroom.The official said the SEZ, to be developed by the Tripura Industrial Development Corp, could create 12,000 skilled jobs. Rubber-based industries, textile and apparel units, bamboo and agri-food processing industries will be set up in the SEZ."The Centre will allow 100 per cent income tax exemption on exports for SEZ units under Section 10AA of the Income Tax Act for the first five years. Exemptions from the Goods and Services Tax (GST) and supplies to SEZs will be zero under IGST Act," he said.Addressing an event, Tripura Chief Minister Biplab Kumar Deb said on the request of the state government, the Centre decided to set up the SEZ with an aim to attract Bangladeshi investors. They could set up tea and rubber-based industries in the SEZ, he said.The state would get sincere support from Bangladesh Prime Minister Sheikh Hasina, slated to visit Tripura in February, he said.The Chief Minister said 25 acres of land had been acquired for the SEZ.At an expenditure of Rs 1,150 crore, the Northeast Frontier Railway (NFR) has extended railway lines up to two bordering sub-divisional towns of Sabroom and Belonia.The government-owned IRCON International has also been laying 12.23 km rail at a cost of Rs 972 crore to link Agartala with the Bangladeshi railway network at Akhaura. The Agartala-Akhaura railway line would facilitate easier ferrying of goods.Also, the journey distance between Agartala and Kolkata, via Bangladesh, will come down by a third, from 1,613 km through mountainous terrain via Meghalaya and Assam, to 514 km.( With inputs from IANS )

Nazrul IslamFOLLOW

Nazrul islam, Latest News

The Citizenship Amendment Act (CAA) is an "internal matter" of India according to Bangladesh prime minister Sheikh Hasina who in her first-ever response to the passage of the controversial legislation enacted last year in India also said that it was ...

Even as Bangladesh Prime Minister Sheikh Hasina believes that Citizenship Amendment Act (CAA) is India's "internal matter", she has described the law, which aims to grant citizenship to persecuted religious minorities of the three neighboring Muslim ...

Former Mizoram Governor Swaraj Kaushal on Sunday praised Prime Minister Narendra Modi and Home Minister Amit Shah for the Bru-Reang repatriation agreement, aimed at settling 34,000 refugees of the community in Tripura, saying it sends a grand message ...

Amid ongoing nationwide protests against Citizenship (Amendment) Act, 2019, Finance Minister Nirmala Sitharaman on Sunday said that as many as 2838 people from Pakistan were given citizenship during the last six years. ...

Ahead of his debut in T20I series against Bangladesh, Ahsan Ali said 'Rohit Sharma is my favourite cricketer and I want to emulate his performances as an opener' here on Saturday. ...

After opting out of Pakistan tour, Bangladesh wicketkeeper-batsman Mushfiqur Rahim said 'Life is never ahead of cricket' here on Saturday. ...

"There can be no proof of religious persecution", said BJP's most recognised and influential leader in the northeast - Himanta Biswa Sarma, sparking off speculation whether he had dehyphenated "religious persecution" and the Citizenship Amendment Act ...

The Rs 1,550 crore special economic zone (SEZ), to be set up along the Bangladesh border in Tripura, would be a multi-sector SEZ and not just agro-based food processing SEZ, official said here on Saturday. ...