IMPACT OF SPECIAL ECONOMIC ZONES ON INDIAN ECONOMY

In the present study, an effort is made to study the current status of Special Economic Zones (SEZs) along with the investment in SEZs and employment generated by SEZs in India. The findings of the study reveal that there are 223 operational SEZs in India as on 31st March 2018. In the case of employment generation, SEZs have generated employment for around 18,42,512 persons during the period of February 2006 to 31st March 2018. Apart from these, SEZs have attracted a huge amount of investment due to several incentives and facilities offered to the units in SEZs. In brief, the results reveal that SEZs have been playing an important role in FDI attraction and employment generation in the country.