Special Economic Zones in India: Myths and Realities

Front Cover
Anthem Press, 2008 - Business & Economics - 216 pages
0 Reviews

Special Economic Zones (SEZs) are turning out to be one of the stiffest challenges for India’s economic policy reforms. Since the announcement of SEZ rules on 10 February 2006, these zones have aroused unprecedented controversy. The emotionally charged debate on SEZs has often produced inflexible positions on either side. The unusually strong public reaction has also forced policymakers to revisit several aspects of the policy in recent months.

Why are SEZs so controversial? Will they really exacerbate income inequality, endanger food security and worsen regional imbalance? Or will they help Indian industry in taking its final leap onto the global arena? Only time will provide the answers. As the first book on India’s SEZs, this volume examines different popular perceptions – both good and bad – surrounding these zones. Apart from the international evidence and the Indian story, the book looks closely at critical issues like financial viability, land requirements, extant rules and the political economy of SEZs. Admitting that the last word on the subject is far from being spoken, the book contends that the SEZ saga will be a test of strength for the country's social and political consensus on its economic policies and future reforms. Introduced by eminent economist Bibek Debroy, this book is a must-read.

 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Why Economic Zones?
1
The New SEZs Where What and Why?
36
Are SEZs Financially Viable?
62
The Political Yatra
84
The Rules of the SEZ
113
The Land of SEZs
147
Not the Last Word
169
APPENDIX 1
185
APPENDIX 2
187
APPENDIX 3
188
APPENDIX 4
191
APPENDIX 5
192
Bibliography
193
Index
196
Copyright

Other editions - View all

Common terms and phrases

About the author (2008)

Amitendu Palit is a Visiting Fellow at the Indian Council for Research on International Economic Relations (ICRIER), Delhi.

Subhomoy Bhattacharjee is the Resident Editor, ‘Financial Express, Delhi’.

Bibliographic information