SEZs as a neo-liberal strategy in india: A critical reflection
By: Varsha, Maheshwari
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Material type: 
BookPublisher: Bihar Journal of Public Administration Description: 17(2), Jul-Dec, 2020: p.539-552.Subject(s): Enterprise zones - India, Neoliberalism, Development, Labour, Export processing zones (EPZs) and special economic zones (SEZs)
In:
Bihar Journal of Public AdministrationSummary: The present paper explores a critique of affirmative objectives of Special Economic Zones (SEZs) in India, in context of- Investment, Employment and Exports. We have presented an absolute and relative picture of the aforementioned independent variables regarding SEZs to explain its performance through descriptive analysis. A brief illustration has been done on account of economic reforms undertaken during planning period with respect to export-oriented growth strategies to promote industrialization to attain a long-term objective of export promotion, foreign investment and employment generation in India. The analysis exhibits that, the purposeful establishment of zones does not realize its determined objectives. The level of employment in the zones hasn’t reached even half the amount of investment in and exports from zones. And also, there is fall in employment elasticity irrespective of the rising numbers of SEZs in India over the years. Thus, SEZs as a development scheme for increasing investment, employment generation and exports has not performed or achieved its mission for development in India as it was dreamed about. – Reproduced
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Articles
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Indian Institute of Public Administration | 17(2), Jul-Dec, 2020: p.539-552 | Available | AR124844 |
The present paper explores a critique of affirmative objectives of Special Economic Zones (SEZs) in India, in context of- Investment, Employment and Exports. We have presented an absolute and relative picture of the aforementioned independent variables regarding SEZs to explain its performance through descriptive analysis. A brief illustration has been done on account of economic reforms undertaken during planning period with respect to export-oriented growth strategies to promote industrialization to attain a long-term objective of export promotion, foreign investment and employment generation in India. The analysis exhibits that, the purposeful establishment of zones does not realize its determined objectives. The level of employment in the zones hasn’t reached even half the amount of investment in and exports from zones. And also, there is fall in employment elasticity irrespective of the rising numbers of SEZs in India over the years. Thus, SEZs as a development scheme for increasing investment, employment generation and exports has not performed or achieved its mission for development in India as it was dreamed about. – Reproduced
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