Special Economic Zones; a Potent Strategic Tool for SustainableEconomic Development in India

  • Sanjay Bh?le
Cite this:
Sanjay Bh?le. (2019). Special Economic Zones; a Potent Strategic Tool for SustainableEconomic Development in India. Journal of Business Management and Economics, 7(07), 01–09. https://doi.org/10.15520/jbme.v7i07.2624
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Abstract

While there have been many analyses of India’s approach towards establishing a substantial economic strategy to encourage industrial development; SEZs (Special Economic Zones) in general, is an attempt to set specific administrative mechanism to enhance industrial growth. Though, some regulatory issues, extraneous politics and local issues surrounding the implementation of this ambitious project seems not been undertaken to its real purpose.

This research paper is conceptual in nature, aims to substantiate the current economic issues of country in relation to Special Economic Zones. An attempt is made to explore the economic effects of SEZs in order to make certain critical observations. The study also endeavors to discuss issues pertaining to impeding growth of SEZ in India and ascertain whether the policy objectives behind establishing SEZs are met.

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