Special Economic Zones in India : Principles, Problems and Prospects/P. Arunachalam. New Delhi, Serials Pub., 2008, xvi, 356 p., tables, figs., ISBN 81-8387-169-3.

    Contents: Preface. Foreword. 1. Introduction. 2. Special economic zones in India: rules and regulations. 3. Export processing zones and special economic zones. 4. Special economic zones in India and China. 5. Special economic zones and foreign direct investment. 6. Special economic zones and employment in India. 7. Special economic zones and exports. 8. Special economic zones and land issues in India. 9. Special economic zones and labour problems in India. 10. special economic zones and environmental issues. 11. Special economic zones and the outstanding issues to be addressed. 12. Conclusion. References. Index.

    "The Special Economic Zones (SEZs) Bill, 2005 introduced in the Lok Sabha By Shri Kamal Nath, Minister of Commerce and Industry, on 9th May, 2005 and passed by the Lok Sabha. The SEZ Act, 2005, supported by SEZ rules, came into force on February 10, 2006 and is expected to give a big thrust to exports and @Foreign Direct Investment@ (FDI) inflows into the country. The new regime is aimed at encouraging public-private partnership to develop excellent infrastructure and attract private investment-domestic and foreign-boosting economic growth, exports and employment. Clusters in the form of SEZs marked by special economic systems and policies have the ability to tremendously boost export performance and FDI investment. For example, today China has six special economic zones and more than 500 economic development zones that receives over 75 per cent of FDI and drive over 50 per cent of country@s exports. However, it is quite unfortunate that over these years, the debate on SEZs in India has been acutely political, resulting in a lack of understanding regarding their ability to accelerate employment generation and export growth. If India were to have robust policy framework,  around SEZs, the country could stand to gain. This book presents a critical appraisal of the origin of the concept, objectives, the Indian scenario of investment, employment, exports, the outstanding issues like land, labour and environmental problems raised by different quarters of the society and suggestions, etc,. More or less all aspects of the special economic zones are covered in this book. It is hoped that the book would be found useful to government authorities-both centre and states-concerned with the implementation of SEZs, the SEZ developers and multinational corporations-both within and outside India-who are waiting for investing in the SEZs, political, social and natural scientists, social organizations, faculty members, students and researchers scholars." (jacket)

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