In 2018, the Union Government constituted a group of eminent persons to study the Special Economic Zones (SEZ) Policy of India. The group is chaired by ____________.

Correct option is D

Ans: (D) Baba Kalyani

Explanation:
In 2018, the Union Government constituted a group of eminent persons to study the SEZ (Special Economic Zone) policy, which was chaired by Baba Kalyani.

Information Booster:

• Baba Kalyani: He is the Chairman of Bharat Forge, one of the largest manufacturers of automotive components in India.
• SEZs: Special Economic Zones are areas designated to attract investment by offering incentives such as tax exemptions, infrastructure development, and streamlined regulations.
• Types of SEZs:
  • Multi-product SEZs: These are designed for various industries to establish operations within the zone.
  • Sector-specific SEZs: These focus on specific sectors like IT, textiles, and electronics.
  • FTWZs (Free Trade and Warehousing Zones): Focused on warehousing and trade activities.
• Key Hubs: Major hubs for SEZs in India include Maharashtra, Tamil Nadu, and Uttar Pradesh.
• Objective: The objective of the SEZ policy is to promote exports, create employment opportunities, and boost economic growth.