SEZ Blueprint

Financial concessions of the kind promulgated in our SEZ blueprint only come later, serving a supplementary purpose, and cannot be expected to hold good by themselves in the overall scheme of sustenance. Now let’s sneak a glance at what the SEZ scenario in India currently presents: To me, the craze to create economic zones has translated into a beeline to seize as much real estate as possible with the government’s bizarre decision of allowing 75% of SEZ land to be deployed for objectives remotely related to exports, like entertainment and residential use.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006