Sezs In India
MACRO ECONOMICS
SEZs
HIGHWAY TO INDIAN ECONOMIC GROWTH?
SUBMITTED BY:
DEEPTI MITTAL
INTRODUCTION
There has been much debate about the role Special Economic Zones (SEZs) play in the economic growth of a country, and whether they should be the first option, or the next best policy.
The promise of Special Economic Zones (SEZs) has captivated entrepreneurs of all hues and sizes. At last count, 263 SEZs had been sanctioned, while another 169 had received in-principle approvals.
The SEZs hysteria is almost similar to what happened with dotcoms in the late 1990s- a hasty rush into sector that held out promise of untold gains. What came next is business folklore.
Are we seeing something similar in making over here as well? The best thing that goes in favour of SEZs is that the creation of infrastructure will shift into the hands of Private players. But are we realizing the serious implications of setting up SEZs and underestimating the risks involved with them. In the......
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Approximate Word Count: 2521
Approximate Pages: 11 (250 words per double-spaced page)
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