This question asks for the incorrect statement(s) regarding Special Economic Zones (SEZs) in India. - Statement 1: The SEZs Act was passed by Parliament in 2004. This is incorrect. The Special Economic Zones Act was passed by the Parliament of India in May 2005 and came into force on 10th February 2006. - Statement 2: The SEZs Act envisages a key role for the State Governments in Export Promotion and creation of related infrastructure. This is correct. State Governments play a vital role in the approval, development, and facilitation of SEZs within their states. - Statement 3: The SEZ rules provide for different minimum land requirement for different class of SEZs. This is correct. The minimum land requirements vary based on the type of SEZ (e.g., multi-product, sector-specific, IT/ ITES). - Statement 4: SEZ rules provide for single window clearance for setting up of an SEZ. This is correct. The SEZ framework includes provisions for single-window clearance mechanisms at both the Central and State levels to facilitate quick approvals for SEZ developers and units. Only statement 1 is incorrect.
Which of the following statement(s) is/are incorrect regarding Special Economic Zones (SEZs) in India? 1. The SEZs Act was passed by Parliament in 2004 2. The SEZs Act envisages key role for the State Governments in Export Promotion and creation of related infrastructure 3. The SEZ rules provide for different minimum land requirement for different class of SEZs. 4. SEZ rules provide for single window clearance for setting up of an SEZ
Asked in GPSC Prelims CSP 2 2022 · Topic: Industrial Sector (Industrial Infrastructure: Power, Logistics, and Special Economic Zones (SEZs))
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