Special Economic Zones [SEZ] (Future Steps)
Special Economic Zones [SEZ] (Future Steps)
SEZ was created for promotion of exports. They have different set of rules as compared to rest of the country.
Future Steps:
- Clear policy signalling vis-a-vis stable tax regime
- Innovative steps like giving infrastructure status
- Incentives to setup industries in backward regions
- Allowing Sector specific SEZs with smaller size
- Developing Measurable socio-economic-ecological performance indicators for future evaluation
- Well balanced Compensation and Rehabilitation Policy for displaced people
- New approvals only if older ones are operational
- Co-ordination between other developed Special Zones like CEZ, NIMZ, etc. to increase efficiency
Thank You.
Regards,
Behere Classes (www.behereclasses.com)
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