July 1st, 2011 | Filed under: Agricultural Economics

Special Economic Zones are geographical regions that have economic laws that are normally a step to improve foreign direct investement in the country. These are produced as open markets within an economy that will be under governments regulatory controls. Several developing coutries are looking towards the SEZs with the expectation that they will supply the engines of growth for their economies to accomplish industrialization. To attract FDI and to improve exports that in a way will accelerate the country’s economic growth. Unlike most of the international instances where zones are primarily developed by Governments, the Indian SEZ policy provides for development of these zones in the government, private or joint sector. This offers equal opportunity to both Indian and private developers. … Read entire article »