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Jul 26, · SEZ (Special Economic Zone) – An Overview, Challenges and Future When the India’s ex- commerce Minister Mr. Murasoli Maran returned from a trip to China in late 90’s, he had witnessed something which would lead to revolutionary changes in the India’s EXIM (Export-Import) policy and then the SEZ’s were born.
SEZ – Challenges Before Indian Economy Introduction: Over the years it has been seen that the growth rate of the Indian economy, employment generation, improvement in the standard of living of the people has not been as expected. It was realized that foreign (and even domestic) investments in India were much lesser as compared to the much.
Welcome to Special Economic Zone (SEZ) India was one of the first in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla in Special Economic Zone as per Central Sales Tax, --> A Special Economic Zone (SEZ) is a geographically bound zone where the economic laws relating to export and import are more liberal as compared to other parts of the country.
Problems Facing Indian Economy Since , the Indian economy has pursued free market liberalisation, greater openness in trade and increase investment in infrastructure.
This helped the Indian economy to achieve a rapid .