To further this concept, these zones were converted into Special Economic Zones (SEZs) in 2000. The Special Economic Zones Act of 2005
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Special Economic Zones
UPSC - Mains Solved Paper GS 3
There is a clear acknowledgment that Special Economic Zones (SEZs) are a tool of industrial development, manufacturing, and exports. Recognising this potential, the whole instrumentality of SEZs require augmentation. Discuss the issue plaguing the success of SEZs with respect to taxation, governing laws, and administration. (150 Words 10 Marks)
by Edukemy Team
Special Economic Zones (SEZs) stand as potent catalysts for industrial expansion, manufacturing advancement, and export augmentation.