Home Acts & Rules SEZ Act Special Economic Zones Act, 2005 Chapters List Chapter II ESTABLISHMENT OF SPECIAL ECONOMIC ZONE This
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Section 5 - Guidelines for notifying special Economic Zone - Special Economic Zones Act, 2005Extract 5. Procedure for making proposal to establish Special Economic Zone<!--?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" ?--> (1) The Central Government, while notifying any area as a Special Economic Zone or an additional area to be included in the Special Economic Zone and discharging its functions under this Act, shall be guided by the following, namely:- Guidelines for notifying special Economic Zone. (a) generation of additional economic activity (b) promotion of exports of goods and services; (c) promotion of investment from domestic and foreign sources; (d) creation of employment opportunities; (e) development of infrastructure facilities; and (f) maintenance of sovereignty and integrity of India, the security of the State and friendly relations with foreign States.
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