International Research journal of Management Science and Technology
ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST
**Need Help in Content editing, Data Analysis.
Adv For Editing Content
SEZ IN INDIA: ISSUES AND CHALLANGES
2 Author(s): DR. VINOD KUMAR SINGH , MR. RAJAN
Vol - 5, Issue- 3 , Page(s) : 107 - 117 (2014 ) DOI : https://doi.org/10.32804/IRJMST
The very idea of building special economic zone is issue of debat since its beginning in India. Industries at large believe that SEZ will be able to promote industrialization by improving infrastructure, enhancing investment and reducing transaction cost to attract this critical level of investment in infrastructure creation, government incentive appears to critically important, undoubtly necessary. But the criticism is that the incentive offers are excessive and inequitable and will entail revenue loss. India got its inspiration from China where Shenzhen and Shanghai experienced rapid economic growth. But situation of India is totally different from that of China. Till today SEZ have not got a widespread recognition in India due to various economic, political and social reasons. So India still needs more transparent and and multidimensional analysis to enable the SEZ to be one of the efficient way of driving economic growth.