SEZs on the MAT

With April-February FY13 exports falling 4% over the same period in FY12 despite a 4% rise in February exports, next month’s foreign trade policy review is looking at Special Economic Zones (SEZs) as a big thrust area. There has been a sharp reduction in the number of developers who want to set up SEZs—37 of the 46 SEZs that have been denotified between 2010 and 2012, and this is in addition to the withdrawing of applications for getting approvals for SEZs.

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