Bangalore: The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) has suggested to the State Government to set up a task force on development of Special Economic Zones (SEZs) and that only serious entrepreneurs should be allowed to participate.

FKCCI president R.C. Purohit told presspersons here on Saturday that the SEZs would spur industrial growth and the State had to take advantage of the Centre's decision to promote SEZs. Mr. Purohit said while foreign direct investment in retail trade was inevitable, the Government had to provide for a "level-playing field". The interests of the trade had to be protected.

Critical of the single window agency, Mr. Purohit said entrepreneurs had to run from "pillar to post" to get clearances and that the single window agency was "just on paper". Referring to the State's industrial policy, Mr. Purohit said there had to be a monitoring committee comprising government officials and industry representatives, which could meet periodically under the chairmanship, preferably, of the Chief Minister to review the progress of its implementation.

The FKCCI, he said, was opposed to the proposal of Bangalore Electricity Supply Company to increase power tariff and instead wanted the electricity agencies in the State to improve operational efficiency, bring down transmission and distribution losses.

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