Question

what is the meaning of sez.mention 3 features​

Answer 1

Industrial zones, called Special Economic Zones (SEZ) are set up by the Central and State governments in India to attract foreign investment.

1. These zones provide world-class facilities including electricity, water, roads, transport, storage and recreational and educational facilities,

2. Companies setting up production units in these SEZs do not have to pay taxes for an initial period of five years.

3. The Government has allowed a high degree of flexibility in labour laws.

Hope it helps you....

Answer 2

Special Economic Zones ----------- SEZ

SEZ are being set up to have world class facilities such as educational, electricity, water, transport, storage recreational etc.

Features:- Production units in SEZs are exempted from taxes for a period of five years initially.