DEVELOPMENT OF ENTERPRISES AND SERVICES HUB (DESH)

Aug. 30, 2022

A Workshop on Development of Enterprises and Services Hub (DESH) Bill, 2022 was organized by Department of Commerce. The workshop was organised in partnership with Export Promotion Council for EOUs and SEZs (EPCES).

About:

  • The government plans to facilitate easier financing norms to activities pertaining to the manufacturing and services hubs envisaged under the proposed revamped law for Special Economic Zones (SEZs), also known as Development (Enterprise and Services) Hub Bill, 2022.
  • This will be done by giving them infrastructure status, at par with sectors such as road, rail waterways, airports, to improve access to finance and enable long-term borrowing from lenders at easier terms.