Correct option is C
India implemented its Special Economic Zones (SEZ) Policy on November 1, 2000. The objective of this policy was to promote foreign investment and boost exports by creating specially designated areas with business-friendly regulations and world-class infrastructure. SEZs were intended to overcome the shortcomings of the earlier Export Processing Zones (EPZs) and provide a stable fiscal environment, including incentives for foreign direct investment. The SEZ Act was later enacted in 2005 to provide a legal framework for these zones
