Share on LinkedInShare on LinkedIn

ARTICLE · 23 JUNE 2020

SEZs – Relaxations During Pandemic

On account of the Pandemic outburst of COVID-19, the Central Government declared a complete lockdown from 25th March, 2020 onwards in various phases.

IndiaCoronavirus (COVID-19)

PRELUDE

On account of the Pandemic outburst of COVID-19, the Central Government declared a complete lockdown from 25th March, 2020 onwards in various phases.

In subsequent lockdown, the Ministry of Home Affairs vide Guidelines dated 15th April, 2020, issued relaxations for Special Economic Zones ("SEZs") wherein the Government from 20th April, 2020 allowed operations of Manufacturing and other Industrial Establishments with access control in SEZs.

Despite such relaxations, SEZs and the export-hubs have had suffered an impact of COVID – 19 on their numbers and which may be reflected in their business cycles during next 2-3 quarters.

The concerned Ministry answering several queries regarding the impact of COVID – 19 issued a press release wherein the decreased supply on raw materials from China to India was predicted leading to impact on pharmaceutical, electronic, automobile industry, etc. amongst the other effects. The relaxations extended to SEZs may work

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

This content is purely an academic analysis under "Legal intelligence series".

© Copyright AMLEGALS.

Disclaimer: The information contained in this document is intended for informational purposes only and does not constitute legal opinion, advice or any advertisement. This document is not intended to address the circumstances of any particular individual or corporate body. Readers should not act on the information provided herein without appropriate professional advice after a thorough examination of the facts and circumstances of a particular situation. There can be no assurance that the judicial/quasi-judicial authorities may not take a position contrary to the views mentioned herein.

See more popular content from