IMPACT OF SEZ IN DEVELOPMENT OF INDUSTRIAL SECTOR

  • Anil Kumar Jaiswal, Dr. Vandana Jain

Abstract

This study aims at examining the impact of Special Economic Zones (SEZs) on Industrial development in India. It identifies three channels through which SEZs address these issues: employment generation, skill formation (Industrial development), and technology and knowledge upgradation. It examines how the impact of SEZs is passed through each of these channels. The study finds that the modality differs significantly according to the characteristics of the SEZs, in particular, the level of their development as reflected in the composition of economic activities. Within this framework, the study examines the sectoral and economic composition of SEZ activities in India. It finds that labour intensive, skill intensive and technology intensive firms co-exist in India’s zones and, therefore argues that all the three effects described above are likely to be important in the Indian context. Empirical findings reported in the study are based on the data collected from both secondary sources and primary surveys. The present study integrates various aspects of Industrial development effects into a single framework and examines the Indian experience within that framework. The research question is whether EPZs and SEZs have contributed to Industrial development, unemployment reduction, and economic congestion in India. Keywords: SEZ, EPZ, Industrial sector, Economy, Industrialization, development.
How to Cite
Anil Kumar Jaiswal, Dr. Vandana Jain. (1). IMPACT OF SEZ IN DEVELOPMENT OF INDUSTRIAL SECTOR . ACCENT JOURNAL OF ECONOMICS ECOLOGY & ENGINEERING ISSN: 2456-1037 INTERNATIONAL JOURNAL IF:7.98, ELJIF: 6.194(10/2018), Peer Reviewed and Refereed Journal, UGC APPROVED NO. 48767, 6(8), 49-54. Retrieved from https://ajeee.co.in/index.php/ajeee/article/view/2043
Section
Articles