The special Economic Zones (SEZs) Bill, 2005 introduced in the lok sabha by Shri kamal nath, Minister of Commission and Industry, on 9th may, 2005 and passed by the lok sabha. The SEZ act, 2005, supported by SEZ rules, came into force on February 10, 2006 and is expected to give a big thrust to exports and @Foreign Direct Investment@ (FDI) inflows into the country. The new regime is aimed at encouraging public private partnership to develop excellent infrastructure and attract private investment domestic and foreign-boosting economic growth, exports and employment. Clusters in the form of SEZs marked by the special economic system and policies have the ability tremendously boost export performance and FDI investment. For example, today china has six Special economic zones and more then 500 economic development Zones that receives over 75 per cent of FDI and drive over 50 per cent of country@s exports. However, it is quite unfortunate that over these years, the debate on SEZs in India has been acutely political, resulting in a lack of understanding regarding their ability to accelerate employment generation and export growth. If India were to have robust policy framework, around SEZs, the country could stand to gain. This book presents a critical appraisal of the origin of the concepts, objectives, the Indian scenario of investment, employment exports, exports, the outstanding issues like land, labour and environmental problems raised by different quarters of the society and suggestions, etc,. More or less all aspects of all the special Economic Zones are covered in this book. It is hoped that the book would be found useful government Authorities-both Centre and States-concerned with the implementation of SEZs, the SEZ Developers and Multinational Corporations-both within and outside India –who are waiting fir investing in the SEZs, political, social and natural Scientists, Social Organization, faculty Member, Students and Research Scholars.
ABOUT THE AUTHOR P Arunachalam
P. Arunachalam is a Reader in the Department of Applied economics, Cochin University of Science and Technology (CUSAT), Kochi-22, Kerela State, India. He was the head of the Department of Applied Economics, Cochin University of science and techonology during the period april 2004 to aoril 2007. He has Nineteen years of Teaching and Research Experiences. He took his PG degree from Loyolo College, Madras, a world-renowned college in Southern India, affiliated to Madras and university and M.phill and Ph. D Degrees from Cochin university of Science and Technology, Kochi ,Kerela State.Pondicherry University, a central university, Awarded him Doctoral Fellowship intye year 1988. he joined as a Lecturer in the 1989 and become Reader in the 1997. He was Awarded post Doctoral Training Fellowship by the NUFFIC (Netherland Council for Co-operation in Higher Education, Government of Netherlands) for six times under SEPTRA-MHO-programe between the department of Applied Economics, cochin University of science and technology and the Development research institute (IVO), Tilburg University, the Netherlands during the period 1999 to 2004. Part of his research Training programme, he visited France, Germany, italy, Belgium, spain, England, Switzerland, srilanka, and most of the Gulf Countries. He is specialized in Quantitative Techniques and International Economics . He is teaching Business Statistics at Master of Business Economics (M.B.E.) levels and Quantiative Techniques at M.phil level. He was a member of the Academic council, CUSAT from april 2004 to april 2004. He is visiting faculty member of many Universities in South India. He is a member of several Academic and professional Bodies at National and international Levels. He has done a Minor Projects on @India @s Spices Exports to the Netherlands @under UGC UN-Assigned grant and jointly done a Major Project on @global Based commodity Chain; with special references to Cardamom@ funded by NUFFIC through Development research institute, Tilburg University, the Netherlands, with Dr. wim Pellupessey, Senior Economists, IVO, Tilburg University, trhe Netherlands. He did his Ph.D works on @India@s Engeering goods exports: growth, concentration and Diversification. He has to his credit 40 Research Articles in various reputed journals and magazines and also contributed articles to 9 textbooks. Participated as an expert and presented research papers in more than 58 National and international conferences, workshops , Symposiums and seminars. He has produced 3 Ph.Ds and several more students are doing Ph.D under his supervision. Now doing a major research work on @Special economic Zones@ in India. He has been selected fopr the professor post in the department of economics, Bharathiyar university, coimbatore. Member as partner of Dr. M.
Rajarajan@s Digital Identity Management, City university, London, England.
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