Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

Special Economic Zones

Note4Students

From UPSC perspective, the following things are important :

Prelims level: SEZs

Mains level: Not Much

Key Highlights of the report

  • If India is to become a US $5 trillion economy by 2025, then the current environment of manufacturing competitiveness and services has to undergo a basic paradigm shift.
  • The report notes that the success seen by services sectors like IT and ITES (IT enabled services) has to be promoted in other services sector like health care, financial services, legal, repair and design services.

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