Sansad TV: Bills: An Insight- Reforming Special Economic Zones

  Introduction: Finance Minister Nirmala Sitharaman, while presenting the Union Budget for 2022-23, said that the Special Economic Zones Act will be replaced with a new legislation. The New Act will enable the states to become partners in Development of Enterprise and Service Hubs.  SEZs: Special Economic Zones (SEZs) are geographically delineated ‘enclaves’ in which regulations …

SANSAD TV: COMMITTEE REPORT- AUGMENTING INFRASTRUCTURE FACILITIES FOR BOOSTING EXPORTS

Introduction: The Standing Committee on Commerce submitted its report on the subject ‘Augmenting Infrastructure Facilities to Boost Exports’. In view of the crucial role played by exports in the overall economic growth of a country, the Committee in the report noted that India needs to step up its effort in export promotion, expand its export …