Employment Generation and Investment in SEZs

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..... Employment Generation and Investment in SEZs - News and Press Release Dated:- 13-8-2014 - News - In order to impart stability to Special Economic Zones (SEZs) regime and to achieve generation of greater economic activity and employment through the establishment of SEZs, Special Economic Zones Act, 2005 had been enacted in June, 2005 supported by SEZs Rules, 2006 . The main objectives of the S .....

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..... EZs Act are:- 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. Employment generated and Investment made in Special Economic Zones during the last three ye .....

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..... ars is as under: Financial Year(s) Employment* (Persons) Investment* (Rs. in crore) 2011-2012 8,44,916 2,01,875 2012-2013 10,74,904 2,36,717 2013-2014 12,83,309 2,96,663 .....

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..... * calculated on cumulative basis. The information was given by the Minister of State (Independent Charge) in the Ministry of Commerce Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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