Question

Factors contributed to new sez policy

Answer 1

Answer:

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The Special Economic Zone (SEZ) policy in india first came into inception on April 1 , 2000 .

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Rules / Factors :

A sez is an area in which the bussiness and trade laws are different from the rest of the country . SEZs are located within a country's national borders , and their aims include increased trade balance , employment , increased investment , job creation and effective administration.

The main objective of SEZs act are : generation of additional economic activity .

promotion of exports of goods and services. promotion of investment from domestic and foreign sources.

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