SEZ -boon or bane?

SEZ r double edged sword it can wound u if it is not handled with care..as the protests allover the country showing it...thaugh it has potential to promote industrialization n generate employment...but at wt extent it is not clear..even govt keeps on changing its estimates

at this point of time industrial growth is gud ..wt is neeeded is some investment in agriculture..so if some SEZ related with agricultural investment r established it wll really b boon for indian economy
 
SEZ’s boon or bane?
Well I guess one must be thorough with concept of sez, their merits, and demerits before discussing whether sez are boon or bane.
Sez are notified areas which is treated as deemed foreign territory, sez are usually export oriented, and hence contribute to valuable foreign exchange, sez are developed b individual developers, which offers world class infrastructure and other facilities, apart from the govt. support. As India progress and continues its upward march, it is essential that new employment opportunities are generated accordingly. Sez provide such opportunities, it is estimated that a multi project sez in an area of 100 hectares can generate up to 1 lakh direct jobs, and 15 lakhs indirect employment opportunities.
now if we look at the other side, there are some problems also, the first and biggest being the involvement of state in acquiring land, and compensation of farmers and other land owners whose lands are being acquired. State mechanism brings with it the corruption and babudom, however now after the review of sez policy, government has excused itself from the acquisition of land and compensation for land owners, now this is a 2 party affair, the developer and the land owner.
However the size of sez which will be coming in future has been reduced to 5000 hectares maximum. I had gone thru the earlier posts, and somewhere it was mentioned that there is a minimum limit of 10 hectares, as far as I m in touch lastly it was revised to 5000 hectares upper limit, there isn’t any minimum limit. Please correct me if I m wrong.
Now if we compare it to other countries, like china which till now has only 5 sez but the size of sez in china is enormous, for example the shenghai city in china is a sez. Now compare that to 5000 hectare, which will not be sufficient to hold a minuscule proportion of industries operating in shanghai. So there are some bottlenecks to be tackled.
Now the question of boon or bane, if India is to maintain its current GDP rate then SEZ’s are here to stay, because no matter what, agriculture can not generate greater income per head as compared to a fully developed SEZ. However it must be ensured that SEZ are not approved on agricultural land, if this happens then we will be tackling one problem while creating another problem. Thus sez should come on wastelands and developer must ensure that adequate compensation are handed over to land owners, apart from the other guidelines issued time to time by the government
 
compensation packege is the major cause of voices being raise against SEZs ..if the farmers r not compensated well hw u expect tham to give up thr land..in this aspact new packege developed by Jindal steel is loudable it took proper care of the affected ppl..if such packege is offered ppl will be ready to think about givig the land
 
It can be a boon if done in a proper manner

1. give proper compensation 2 farmers
2. make farmers stake holder.
3. provide education 2 the farmers family
4.provide emplyoment opps
5. choose land that is not fertile
 
Apart from the big picture of SEZ, another issue that's more worrisome is the land acquisition process. Protests against any land acquisition have been seen in West Bengal and now Maharashtra.The government has to keep itself off from taking the onus to arrange lands for big industrial houses.It already has a lot in its plate. The entry of vested interests leads to further politicisation of matter. So, let the private industries themslves talk to farmers and convince them for land prices and compensation.
 
SEZ Zones must be alotted only to Companies with turnover less than 30 Crores annually. If a company exists in SEZ with more than 30 Cr. Turnover then it should be pulled out of the zone. This must be the rules applied. Now the scene is like the Bigger giants are conquering SEZ and leasing it out to small players. This must change.
 
definitely a boon, for customers get the best, and there are improvements in terms of quality, delivery, service etc. At the end of the day those who pull up their socks and get out of the lethargy that has set in would survive, for the world is not for the losers who refuse to walk without clutches.
 
plz help me out this query regarding 2 sez
sez and its different types, benefits derived from sez, india & china comparison in sez
 
SEZ can only be a boon if-----
1. Government checks upon the fertility of the land...means give only non-cultivable land.....thgh mentioned in ur regulations....easy to get cultivable land...
2.Have a special task force to address the farmer issues in SEZ....see tht they get their rgts...
3. Encourage n reserve some portion of land specially for new undertakings.....whch is nt happening......as 20%cap of old undrtnk can b brgt frwd....n aftr some yrs u can close dwn ur old unit to expand the SEZ unit......

And still many loopholes in ur TAX system.....
 
SEZ ... is a twin edged sword ... which has the potential to generate development ! but often in our endeavour to encourage industrial development we manage to forget the agricultural sector ... Most of the SEZ concentrates on this model of one sided growth n development !!

One should not be blind to the reparcations of the development of SEZ on the farmers and peasants !! With land being their sole source of income and livelihood taken away from dem ... de are forced to take up alternative modes of livelihood that often changes the socio-economic balance in the locality.

Often in our search to faster development and economic growth ... we forget the notion of sustainable development ... which means not only a development which will sustain the future generations but also a model of development which collectively encompasses all walks of life !!
 
each and every thing like a coin has two aspects....
what i think in this topic is negative more than positive....
cauz government when chooses a zone as special economic zone...... companies as usual wants to go there....
and due to this other zones get affected as a point of infrastructure benefits...

i may be wrong but i wanna know how...
 
The state government in Goa is all set to build up another Mumbai. Special Economic Zones (SEZs) are supported by ruling Congress government in Goa but opposed by the opposition Bharatiya Janata Party (BJP) in order to gain political mileage. Some of the ministers in the current government want to impose SEZs on the people of Goa not for the betterment of its people but for fulfilling its own selfish interests. According to the sources, three powerful ministers in Goa cabinet have pocketed crores of rupees from multi-national companies who are keen to take up these projects.
 
Job opportunities would not be available easily for the unemployed in the SEZs and even if they get employment they would only be treated like bonded labourers without implementation of labour laws.
 
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