SEZs should focus on growth and employment, says study
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14/01/2005
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Financial Express (New Delhi)
The National Council of Applied Economic Research (NCAER) has underlined the need for a liberal labour policy in the sepcial economic zones (SEZs). In a study on "SEZs: what more needs to be done', the report said labour policies for SEZs should include mechanism allowing non-viable firms to close down. t added, the focus of overall policy for SEZs should shift from "augmenting infrastructure facilities for export production' to overall growth and employment. Shift in focus to growth also needs to include quantum growth in the size of the geographical area over which the SEZ-type policies are applied. The report suggested that private sector should be involved in providing infrastrcuture services even if financing remains public.