Government examining proposals to roll out certain relief measures to boost production in SEZs:Piyush Goyal
Commerce and Industry Minister Piyush Goyal has said that the government is examining proposals to roll out certain relief measures to boost production in Special Economic Zones (SEZs). He also said the ministry is looking at ways and means to promote excess capacities in these zones for use in the domestic market in India.
He said this will be in a way also an import substitution because many goods that come into India from other countries get better benefits than the SEZ supplies to DTAs (domestic tariffs areas).
He stated ‘We are trying to bridge that gap and we are very hopeful that soon the output from all the SEZs will increase in a big way.’ He added ‘We are also examining what further relief we can give to the SEZs so that we can increase production in these zones.’
