About SEZ Act 2005 - India
Check out and search the entire SEZ (Special Economic Zone) Act of India.
India was one of the first countries in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla in 1965. In order to overcome the shortcomings experienced on account of the multiplicity of controls and clearances; absence of world-class infrastructure, and an unstable fiscal regime and to attract larger foreign investments in India, the Special Economic Zones (SEZs) Policy was announced in April 2000. The SEZ Act, 2005, was an important bill passed by the Government of India to instill confidence in investors and signal the Government's commitment to a stable SEZ policy regime. It has generated greater economic activity and employment through their establishment. (Source: wikipedia)
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