Special Economic Zones
Budget 2014: SEZ, What happened recently?
The new Financial budget 2014-15 promises several measures for the renewal of SEZ. SEZ, the abbreviated form of Special economic zones, are special zones demarcated by the government where normal economic laws of the country is not applicable. In other words these zones have a very liberal economic laws to promote special economic activities. India […]
Government permits Special Economic Zones to outsource for up to 3 years
New Delhi: The first quarter of the current fiscal witnessed a decline of 4.1 per cent in exports from SEZs as compared to the 31 per cent growth during the entire fiscal of 2012-13. Due to the decline in export orders, few SEZ units are struggling to survive. Manufacturing units within Special Economic Zones (SEZs) have […]
