April 07, 2020
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What Was It Then...

What Was It Then...
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  • SEZs could be set up on small plots of 10 hectares, or even less
  • Services firms were allowed to set up shops in the various SEZs
  • Existing firms could shift their old plants to the SEZs and avail of the various sops and incentives
  • Labour laws were to be the same as applicable to existing firms in other areas, including the backward ones
  • A plethora of SEZ proposals were received by the various states
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