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Home News News and Press Release Month 12 2021 2021 (12) This

OBJECTIVES OF SETTING UP SEZs

17-12-2021
  • Contents

The main objectives of the Special Economic Zone (SEZ) Scheme as stipulated in Section 5 of SEZs Act, 2005 include generation of additional economic activity, promotion of exports of goods and services, promotion of investment from domestic and foreign sources, creation of employment opportunities and development of infrastructure facilities.  The SEZs are spread across the country.  As such, the details of export, employment and investment relating to operational SEZs during the last 5 years are as under:

Year

Export

(Rs. Crores)

Employment*

(in persons)

Investment*

(Rs. Crores)

2016-2017

5,23,637

17,31,641

4,23,189

2017-2018

5,81,033

19,77,216

4,74,917

2018-2019

7,01,179

20,61,055

5,07,644

2019-2020

7,96,669

22,38,305

5,71,735

2020-2021

7,59,524

23,58,136

6,17,499

* Calculated on cumulative basis.

This information was given by the Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Rajya Sabha today.

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