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Special Economic Zones (SEZs), introduced in February 2006, are one of the stiffest challenges for India''s economic policy reforms. The emotionally charged debate on SEZs has often produced inflexible positions on either side. The unusually strong public reaction has also forced policymakers to revisit several aspects of the policy in recent months. As the first book on India''s SEZs, this volume examines different popular perceptions - both good and bad - surrounding these zones.
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Special Economic Zones (SEZs) are turning out to be one of the stiffest challenges for India’s economic policy reforms. Since the announcement of SEZ rules on 10 February 2006, these zones have aroused unprecedented controversy. The emotionally charged debate on SEZs has often produced inflexible positions on either side. The unusually strong public reaction has also forced policymakers to revisit several aspects of the policy in recent months.
Why are SEZs so controversial? Will they really exacerbate income inequality, endanger food security and worsen regional imbalance? Or will they help Indian industry in taking its final leap onto the global arena? Only time will provide the answers. As the first book on India’s SEZs, this volume examines different popular perceptions – both good and bad – surrounding these zones. Apart from the international evidence and the Indian story, the book looks closely at critical issues like financial viability, land requirements, extant rules and the political economy of SEZs. Admitting that the last word on the subject is far from being spoken, the book contends that the SEZ saga will be a test of strength for the country's social and political consensus on its economic policies and future reforms. Introduced by eminent economist Bibek Debroy, this book is a must-read.
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As the G20, the world’s largest economic and strategic grouping, addresses issues such as climate change that are of immediate concern, this book provides insights on India’s presidency and its potential to deliver sustainable solutions in a fractured world order. Visionary contributions from G20 member Sherpas, including Argentina, Indonesia, Mexico, Singapore and the UAE, provide depth to the discourse.The book showcases a diverse array of perspectives from distinguished scholars and policy practitioners. The contributors focus on key themes such as the digital economy, resilient supply chains, environmental standards, climate finance, gender empowerment, the future of multilateralism and the role of the Global South, offering a comprehensive examination of the G20’s impact on the world stage. Skilfully curated by noted experts Iqbal Sevea, Dr Amitendu Palit and Vinod Rai, India and the Future of G20 is an invaluable reference for policymakers, strategic experts and the business community worldwide.