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What is Overview of SEZ Act 2005 in India about?

1) The Special Economic Zones Act was passed in 2005 to promote exports, investment, and employment through special economic zones (SEZs) that offer tax and regulatory incentives. 2) SEZs face challenges like over 25,000 hectares of unused land, lack of flexibility to use land for different sectors, and domestic sales facing customs duties. 3) Recommendations include better utilizing unused SEZ land, providing flexibility of land use, rationalizing multiple industrial zone models, and improving state go

Author

Tapasya Kabra

Language

EN