Resource detail

The main objectives of the special economic zone (SEZ) scheme are (i) generation of additional economic activity; (ii) promotion of exports of goods; (iii) promotion of investments; (iv) creation of employment opportunities; (v) development of infrastructure facilities. SEZs are established to achieve these objectives. This yardstick applies to the units in SEZs carrying on recycling of plastic scrap or waste. This prescribed policy is to be followed by these units. The policy has 15 conditions which have to be followed. Some of the conditions laid in this policy are: (i) import of plastic waste/scrap shall be permitted only as per the approved capacity of the Letter of Approval issued to the SEZ unit; (ii) virgin/new plastic scrap/waste shall be permitted for import in the form of compressed, films in cut condition, cut tape soft waste, flakes, powders, pieces of irregular shape; (iii) prescribed procedure to be followed for verification of documents prior to clearing the consignment in SEZ; (iv) solid plastic waste can be imported into the country only with the permission of the Ministry of Environment and Forests; (v) all applicable laws, rules, regulations etc. pertaining to environment and other areas shall be strictly complied with by all units in SEZs.