P. 1
sez ppt

sez ppt

|Views: 190|Likes:
Published by sushantpatil_2687

More info:

Published by: sushantpatil_2687 on Oct 28, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPTX, PDF, TXT or read online from Scribd
See more
See less

02/15/2012

pdf

text

original

SUBMITTED TO: Ms.

MUNIRA HABIBULLAH Submitted by: SUSHANT PATIL (21) RIKEN TANDEL (30) NIRAJ PATEL (19)

` ` ` A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. The objectives of setting SEZs are aimed at boosting exports and attracting investments in various exportoriented manufacturing and service sectors. Industrial Estates (IE). Urban Enterprise Zones and others. Free Zones (FZ). . including Free Trade Zones (FTZ). The category 'SEZ' covers a broad range of more specific zone types. Export Processing Zones (EPZ). Free Ports.

would result in increasing levels of productivity. Provisions better suited for foreign investors than domestic economy.Several fiscal incentives are offered to units setting up operations in SEZs which coupled with a business friendly operating environment. ` . Infrastructure and Utilities. 4. Tax incentives. 3. 2. ` The zones offer numerous benefits such as: 1. with a resultant growth in investments & exports. Simplified procedures.

` 1. POSITIVE IMPACT OF SEZs Setting up SEZs in such areas can have many positive effects on these situations as listed below: Changing the current occupation pattern New employment opportunities (local recruitment) Self-employment with the compensation money Better infrastructure and living conditions Contract opportunities for local population Further self employment opportunities through training Bringing the rural society in the mainstream . 4. 5. 3. 2. 7. 8. 6.

4. 2. 3.` 1. NEGATIVE IMPACT OF SEZs Implementation of such a large scale venture will most definitely have negative effects as well. 5. These negative impacts are of economic as well as social nature. We now list the possible negative effects that they can have: Financial losses to government Land grabbing Environmental impact Clusters of development Employee working conditions .

.` ` ` Objective of the study: To study the impact of SEZ on various socioeconomic dimensions of globalization in India. Research method: We have used descriptive research method for our study. Sample size: We have taken the data of only operational SEZ of India and have not included the expected data of the upcoming SEZ.

Data collection: We have used the secondary data available on the site of ³Ministry of Commerce & Industry´. . Limitations of the study: As it is based on secondary data.` ` 1. There are also various other factor affecting the socio-economic dimensions of globalization. so the result may not be completely true. 2. We have considered only the impact of SEZ on socio-economic dimension. 3.

35 14.INVESTMENT IN SEZ ‡From the above data we can see that prior to SEZ act of 2005 the investment was very less before 2005 & immediately the next year the investment increase by 45%.9 .63 25.82 31. ‡Because of the recessionary effect the FDI Inflows was less which lead to the decline in the investment in the SEZ.27 45. Year 2003-2004 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 Investment(CRORES) 30076 35629 40357 58657 67347 98498 124000 GROWTH RATE ---------18.46 13.

9 12.8 . 50 1.00 200459 2.5 .0 0000 EMPLOYEMENT IN SEZ ‡SEZ has generated lot of employment opportunities.1 38 2 . The figures given above include only direct employment. 40. 500000 2003 400000 2004 300000 200000 2008 100000 2009 0 e mploye me nt ¡ ¡   ¡ 9540 1.439 490000   ¡     year 2003-2004 2004-2005 2005-200 200 -200 200 -2008 2008-2009 2009-2010 employment growth rate 5.832 3.80.00. ‡The data shows that employment generation growth rate was much higher in the year 2005-06. 80.5 £ 200 ¢   ¡   ¡ ¢ 2005 200 .

23. easy transportation facility are major factors for that.1 5 .2 40.WOMEN EMPLOYMENT IN SEZ ¥ ¥ ¥ ¥ ¤ ¤ 28 2 35230 5 9 0 01 1 98290 1549 5 18 200 ¥ ¤ ¤ ¤ ¥ ¥ ¤ ¤ ¤ ¥ ¤ ¥ ‡From the figure we can say that because of the SEZ women employment got drastic increase. 20.15 .4 22. year 2003-2004 2004-2005 2005-200 200 -200 200 -2008 2008-2009 2009-2010 women employment growth rate 18.9 1. ‡In the year 20052006 there was major increase in women employment ‡High pay-scale.

540179433 Standard Error 11.27* Investment ± 14. ‡From.90336691 R Square 0.. we have seen the impact of economic factors of SEZ on the GDP of India.816071773 Adjusted R Square 0.68792632 Observations 6 I t rc t I v stm t I flatio Ex ort of SEZ Coefficients .‡Here.6 9 3 .37 * Export Regression Statistics Multiple R 0.. the regression analysis the impact on GDP is given by the following regression equation GDP = 54.62 ± 0.6 66 6 .66* Inflation + 51. 3 .3 39 .

‡From.1933 0314 Standard Error 18.68* Direct employment + 0. we have calculated the socio impact of SEZ on Indian GDP. the regression analysis the impact on GDP is given by the following regression equation GDP = 119. 2294942 R Square 0..93* Women employment ± 66.522 558 5 Adjusted R Square -0. 8 805 -0.48 * population Regression Statistics Multiple R 0.9305093 3 .8290 843 Observations Intercept Women employment Direct employment Population Coefficients 119.‡Here.67 ± 0.482121 12 . 8293511 0.

27* Investment ± 14.68* Direct employment + 0.93* Women employment ± 66. So necessary steps must be taken to increase the SEZ zones to create more employment opportunities. Similarly. For e. This equation shows that no doubt the employment generated by this SEZ has a great impact on the welfare of the society and the growth of the economy. another regression analysis to study the impact of social factors on an economy was carried GDP = 119.g. .66* Inflation + 51.67 ± 0.48 * population. GDP = 54. but as compared to the increase in the population of the country the effect is not felt overall.` ` The regression equations say that for every 1% increase or decrease of the independent variable shows the increase or decrease of dependent variable. This shows that the export from SEZ has great impact on the economy of the country.62 ± 0.37 * Export This equation shows that even though the Investment and Inflation are showing negative effect on the GDP growth but it is over-powered with the positive effect of the export volume growth.

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->