No increase in lease rent for SEZ units for FY20-21

The Ministry of Commerce and Industry has that there will be no increase in lease rent for the Special Economic Zone (SEZ) units for the financial year 2020-21.

The Ministry of Commerce and Industry has that there will be no increase in lease rent for the Special Economic Zone (SEZ) units for the financial year 2020-21.

Payment of lease rent of the first quarter is to be deferred up to July 31 for all SEZ units, the Ministry said.

This comes amid nationwide lockdown imposed as a precautionary measure to contain the spread of COVID-19. (ANI)