ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Time to Review the Special Economic Zones Act

The special economic zones initiative has not been able to take off in India due to a host of factors. The defi ned objectives of promoting investment, exports, forex and overall growth led by higher production of goods and services have failed to materialise. The November 2014 Comptroller and Auditor General report on these zones fi nds that they have cost the exchequer valuable revenue. It is time for the central government to review the SEZ policy framework.

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