section 5
Guidelines for notifying Special Economic Zone.
The Special Economic Zones Act, 2005General200558 sections8 chapters
Chapter II ESTABLISHMENT OF SPECIAL ECONOMIC ZONE
Statutory text
The Central Government, while notifying any area as a Special Economic Zone or an additional area to be included in the Special Economic Zone and discharging its functions under this Act, shall be guided by the following, namely:--
- (a) generation of additional economic activity;
- (b) promotion of exports of goods and services;
- (c) promotion of investment from domestic and foreign sources;
- (d) creation of employment opportunities;
- (e) development of infrastructure facilities; and
- (f) maintenance of sovereignty and integrity of India, the security of the State and friendly relations with foreign States.
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