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इन्हीं शब्दों के साथ मैं इस विधेयक का समर्थन करता हूं।

PROF. M. RAMADASS (PONDICHERRY): Sir, I welcome this Bill for various reasons; most importantly, this Bill is very comprehensive in character. It encompasses all the procedures that are required to set up Special Economic Zones -- from the start of one unit, to the operation, maintenance and to the monitoring of the units under the Special Economic Zones.

Hon. Member Gurudas Dasgupta was asking a question as to where is the mechanism for monitoring the Special Economic Zones. I would like to invite his attention to Chapter 7, Clause 34 which talks about the functions of the Special Economic Zones Authority. Clause 34, Subclause (c) says that this Authority will review the functioning and performance of the Special Economic Zone then and there. I think the Authority will act as a monitoring mechanism and, therefore, the Bill provides for that also.

MR. CHAIRMAN: That is exactly the reason why I have said that.

… (Interruptions)

श्री रामदास आठवले (पंढरपुर) : सभापति महोदय, इस बिल का समय बढ़ा दीजिए।

सभापति महोदय : आप सबकी इजाजत से पहले ही समय बढ़ा दिया गया है।

...( व्यवधान)

MR. CHAIRMAN: Shri Athawale, please sit down. You will be the next speaker.

PROF. M. RAMADASS : The constitution of committee has said that there will be 19 Members in the Board for Approval, out of which, 18 Members are the representatives of the Central Government and the State Government has got only one nominee.

Now, with the liberal regime that is envisaged in the Bill, I still have an impression that there will be more of Government control in this.

MR. CHAIRMAN: Prof. Ramadas, please be very brief.

PROF. M. RAMADASS : The setting up of foreign banks must, as our hon. Member has said, abide by the rules of the Reserve Bank of India and they should not go according to what they think. I also have a lurking feeling that the country, industrially, will be divided into deemed foreign territories and other territories. The Special Economic Zones will become deemed foreign territories, and the other areas will become domestic territories.