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actArchiveThursday, 23 June 2005

Special Economic Zones (SEZ) Act, 2005

Cite this
Citations are auto-generated; verify before publishing. The act classification is PolicyDhara's, not the source's.
Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
Established a framework for creation of Special Economic Zones to promote exports, attract FDI, and generate employment. Provided tax holidays and single-window clearance for SEZ developers and units.
Key Facts
TypeAct
SourceHistorical Record
PublishedThursday, 23 June 2005
Affected Population63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
GDP: $3.9 trillion (2025 est.)
Key Authorities
Ministry of Commerce & IndustryDPIITDGFTMinistry of FinanceRBI
Key Stakeholders
ExportersImportersMSMEsTaxpayersBanks & NBFCsInvestors
Government Context
UPA ICongress-led UPA
Centre-Left
LeftCentreRight
Amendment History
2 changes recorded for this policy.
DescriptionFriday, 29 May 2026via business_line
Established a framework for creation of Special Economic Zones to promote exports, attract FDI, and generate employment. Provided tax holidays and single-window clearance for SEZ developers and units.
Out of these two SEZs, one IT/ITES SEZ will be developed by Oulgaret Municipality at Thattanchavady village in Oulgaret Taluk
TypeSunday, 19 July 2026via historical
policy
act
Explore Sectors
Trade & Commerce121 tracked→Finance & Economy469 tracked→
Read Full Text at Source
Related Policies
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Pusad Urban Co-operative Bank Ltd., Pusad, Dist. Yavatmal, Maharashtra – Extension of Period
◆ mediumYesterdayRBIPolicy documentNotification
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Pusad Urban Co-operative Bank Ltd., Pusad, Dist. Yavatmal, Maharashtra vide Directive No. NGP.DOS.SSM3.No.S611/5-04-166/2025-2026 dated November 06, 2025, for a period of six months up to close of business on May 07, 2026, which was last extended up to the close of business on August 07, 2026 vide Directive No. DOR.MON/D-11/12-22-635/2026-27 dated April 30, 2026. The Rese
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