Centre okays Maharashtra SEZ Act, labour laws intact
In what may be a sign of the changing political environment ahead of general elections, the Centre has turned down the Maharashtra government's proposal to provide labour law flexibility in special economic zones. The Centre communicated its opinion on the Maharashtra Special Economic Zones (SEZ) and Designated Areas Bill after a two-year wait. The move is expected to impact investor sentiment in Maharashtra, which tops the state-wise charts for the maximum number of duty-free enclaves (see table).