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Reply: The main objectives of the SEZ Scheme are



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Reply: The main objectives of the SEZ Scheme are:

  1. generation of additional economic activity;

  2. promotion of exports of goods and services;

  3. promotion of investment from domestic and foreign sources;

  4. creation of employment opportunities;

  5. development of infrastructure facilities.

A special economic zone may be established either jointly or severally by the Central Government, state Governments or any person for manufacture of goods or rendering services or for both or as a free trade and warehousing zone. Proposals for setting up of SEZs are considered by the Board of Approval only after written consent of the concerned state Govt.


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