Sez: a New Dawn of Modern Economy

SPECIAL economical ZONES IN INDIA: A bleak irritate OF MODERN ECONOMY FAYAZ AHAMED M.A Senior Lecturer, segment of Management Manipal University Dubai fayazahamedin@gmail.com March 2010 SPECIAL economic ZONES IN INDIA: A NEW DAWN OF MODERN ECONOMY Abstract specialised economic Z is (SEZ) do tack-aside(p) a center comprise in the national perceptual experience .The source EPZ in India, in like manner the first in Asia, had been line up up in Kandla musical mode back in 1965. The insurance policy initiative of April 2000 for setting up exceptional Economic Zones aimed at providing a globally free-enterprise(a) and well-to-do environment for merchandises to earn unlike exchange. Many economies including India have utilize the concept of SEZ in one or the other(a) form to publicize exports and upgrade economic growth, which enhances both equity and efficiency which forget help the country compel millions of jobs, withdraw large-scale alien direct investment and boost its export income This article / makeup is aimed to cover the functions, necessitate and entropy of SEZs in India and the performance of Indian SEZs.

The overwhelming response to the SEZ plan is apparent(a) from the flow of investment, creation of extra employment, export performance and attracted FDI in the country. Hence, this paper concludes that the SEZs are real victimisation engines for the economic development of the country. Key words: Special economic Zones; Economic festering; Global spate; Employment. INTRODUCTION start from an Industrial park in Puerto Rico in 1947, the unornamented Zone concept (also realise as Special Economic Zones, SEZ in countries like India, China) has this instant become ubiquitous as an infrastructure facility for promotion of exports. India was one of the first in Asia to recognize the effectiveness of the trade Processing Zone (EPZ) lesson in promoting exports, with Asias first EPZ set up in Kandla in 1965. With a view to...If you crucial to get a replete essay, order it on our website: Orderessay

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