Special Economic Zone Policy

Special Economic Zone (SEZ) Policy refers to designated areas within a country where the economic laws differ from the rest of the country to attract investment, promote industrial growth, and boost exports. These zones often offer benefits like tax incentives, simplified regulations, and infrastructure support to encourage businesses to set up and operate there. The goal is to create a favorable environment for economic activity, generating employment and increasing national income. SEZs are strategically planned regions that help stimulate economic development by fostering innovation and attracting both domestic and foreign investments.