Bare ActsThe SPECIAL ECONOMIC ZONES ACT, 2005

Section 5

Guidelines for notifying Special Economic Zone

Amendment status not verified — confirm the current text below against the official source.

The Central Government, while notifying any area as a Special Economic Zone or an additional area to be included in the Special Economic Zone and discharging its functions under this Act, shall be guided by the following, namely:-- (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; and (f) maintenance of sovereignty and integrity of India, the security of the State and friendly relations with foreign States.

Section 5 – The SPECIAL ECONOMIC ZONES ACT, 2005 | DailyLaw.ai