SEZs have been established in many countries as testing grounds for implementation of liberal market economy principles. They can bring about a great transformation through opening up of the economy in the globalised world. Considering the enormous success of China’s SEZs, and given the fact that both India and China have a similar socio-economic set up and are evenly matched in human and other resources, the SEZ model of development can lead to higher growth in India too. But we need to remove the bottlenecks and address the key issues that are closely connected with this model of development.
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