The Union Finance Minister Shri Arun Jaitley while presenting the General Budget 2014-15 in Parliament today, has announced that the Government is committed to revive the Special Economic Zones (SEZs) and make them effective instruments of industrial production, economic growth, export promotion and employment generation.

The Finance Minister stated that effective steps would be undertaken to operationalize SEZs to revive investors’ interest to develop better infrastructure and to effectively and efficiently use the available unutilized land.

 

Special Economic Zones revival to operationalize SEZs and attract investment for infrastructure development and efficient land utilisation. Strengthening of Special Economic Zones is announced as a policy priority to restore their role in industrial production, export promotion and employment generation by operationalizing SEZs, reviving investor interest, enabling improved infrastructure development, and promoting efficient utilisation of unutilised SEZ land.