What is Special Economic Zone?有形资产
油鸭The Special Economic Zone (SEZ) policy in India first came into inception on April 1, 2000. The prime objective was to enhance foreign investment and provide an internationally competitive and hassle free environment for exports. The idea was to promote exports from the country and realising the need that level playing field must be made available to the domestic enterpris and manufacturers to be competitive globally.
A legislation has been pasd permitting SEZs to offer tax breaks to foreign investors. Over half a decade has pasd since its inception, but the SEZ Bill has certain drawbacks due to the omission of key provisions that would have relaxed rigid labour rules. This has lesned India's chance of emulating the success of the Chine SEZ model, through foreign direct investment (FDI) in export-oriented manufacturing.
The policy relating to SEZs, so far contained in the foreign trade policy, was originally implemented through piecemeal and ad hoc amendments to different laws, besides executive orders. In order to avoid the pitfalls and to give a long-term and stable policy framework with minimum regulation, the SEZ Act, '05, was enacted. The Act provides the umbrella legal framework, covering all important legal and regulatory aspects of SEZ development as well as for units operating in SEZs.
Since the rules will take care of many issues, the Special Economic Zone Act is likely to take some more time and the government is unlikely to notify them before September 1. The commerce and industry ministry is examining the domestic industry's comments on draft SEZ rules. A meeting of development commissioners of all SEZs will be convened soon to discuss the changes that need to be incorporated before they are notified to be placed before the parliament for final approval.
分析报告格式
The objective of the SEZ Act was to create a hassle-free regime and the rules would be formulated keeping this in mind. The ministry is also holding talks with state governments as they have to play an important role in the development of SEZs.
What is a Special Economic Zone(SEZ)?
Special Economic Zone (SEZ) is a specifically delineated duty-free enclave and shall be deemed to be foreign territory for the purpos of trade operations and duties and tariffs. In order words, SEZ is a geographical region that has economic laws different from a country's typical economic laws. Usually the goal is to increa foreign investments. SEZs have been established in veral countries, including China, India, Jordan, Poland, Kazakhstan, Philippines and Russia. North Korea has also attempted this to a degree.
Where are SEZs located in India?
At prent there are eight functional SEZs located at Santa Cruz (Maharashtra), Cochin (Kerala), Kandla and Surat (Gujarat), Chennai (Tamil Nadu), Visakhapatnam (Andhra Pradesh), Falta (West Bengal) and Noida (Uttar Pradesh) in India. Further an SEZ in Indore (Madhya Pradesh) is now ready for operation.
考试时In addition 18 approvals have been given for tting up of SEZs at Positra (Gujarat), Navi
厕沟Mumbai and Kopata (Maharashtra), Nanguneri (Tamil Nadu), Kulpi and Salt Lake (West Bengal), Paradeep and Gopalpur (Orissa), Bhadohi, Kanpur, Moradabad and Greater Noida (UP), Vishakhapatnam and Kakinada (Andhra Pradesh), Vallarpadam/Puthuvypeen (Kerala), Hassan (Karnataka), Jaipur and Jodhpur ( Rajasthan) on the basis of proposals received from the state governments.
Who can t up SEZs? Can foreign companies t up SEZs?
Any private/public/joint ctor or state government or its agencies can t up an SEZ.
Yes, a foreign agency can t up SEZs in India.
What is the role of state governments in establishing SEZs?允许的近义词
State governments will have a very important role to play in the establishment of SEZs. Reprentative of the state government, who is a member of the inter-ministerial committee on private SEZ, is consulted while considering the proposal. Before recommending any proposals to the ministry of commerce and industry (department of co
mmerce), the states must satisfy themlves that they are in a position to supply basic inputs like water, electricity, etc.
Are SEZ's controlled by the government?
In all SEZs the statutory functions are controlled by the government. Government also controls the operation and maintenance function in the ven central government controlled SEZs. The rest of the operations and maintenance are privatid.
