50 SEZs set up in last 3 years

Source: The Hindu Business Line, Aug 02, 2017

New Delhi: As many as 50 new special economic zones (SEZs) have been set up in the country during the last three years, Parliament was informed today.

Commerce and Industry Minister Nirmala Sitharaman in a written reply to Rajya Sabha also said that in 2016-17, exports from overall SEZs increased by 12 per cent year-on-year to ₹5.23 lakh crore.

In a separate reply, she said 36 alerts were received for export of fresh fruits and vegetables to European Union and 41 shipments to the US were issued import refusal during 2014-16. She said it was not feasible for the government to ascertain the exact volume of export opportunities lost due to non-trade barriers.

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