An Overview on India’s Sezs

Abstract

This paper attempts to study the policy of Special Economic Zones and its role in the development process as these zones are responsible for increasing export and employment generation through industrial development along with other objectives of reviving ancillary industries, resolving housing problems, accelerate economic growth, infrastructural development, etc. Systems dynamics approach is employed to understand the nexus between the system and the zone. Finally, tools for delineation of SEZ are discussed to have balanced development in the system by considering the Special Economic Zone as a ‘catalyst’ for integrated development.