Economy, Banking and Finance · 31 May 2026

Government notifies two new Special Economic Zones (SEZs) in Puducherry

Exam-focused facts from the 31 May 2026 current affairs briefing.

Key facts

  • On May 29, 2026, the government notified two special economic zones (SEZs) in Puducherry.
  • One IT/ITES SEZ will be developed by Oulgaret Municipality at Thattanchavady village in Oulgaret Taluk.
  • This will be the first SEZ in India developed by an urban local body.
  • The other multi-sector SEZ will be developed by Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC) at Karasur village in Villianur Taluk.
  • The proposals were approved by the Board of Approval for SEZs under the Department of Commerce during its 137th meeting held on February 27.