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 In India, Special Economic Zone policy was announced in :
Question

 In India, Special Economic Zone policy was announced in :


A.

April, 2000                          


B.

April, 2001


C.

April, 2002                          


D.

April, 2003

Correct option is A

  • The Special Economic Zone (SEZ) policy in India first came into inception on 1 April, 2000. Its 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 available to the domestic enterprises and manufacturers to be competitive globally.

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