The concept of SEZ was originally borrowed from China and put to practice in India on a large scale. As usual like every other scheme this too is about to fail soon. Initially it attracted the major players esp. the realtors for establishing concrete jungles in the name of SEZ . Now that some restrictions are being tried on them, the approvals by the Board of Approvals, Government of India, are getting reduced both for the new ones and extensions.
"Today, SEZ as a concept is terribly skewed in favour of IT/ITES sectors. Of the nearly 392 notified SEZs, only 173 are exporting, of which less than 20 are multi-product while the rest are focused on IT/ITES," an industry official said. This amply explains the success or failure of the scheme.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment