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प्रश्न
Explain any five facilities available in the special economic zones developed by the Central and State Governments to attract foreign investment.
उत्तर
The government attracts foreign investment in the following ways:
- Allowing foreign companies as tax free for the first five years in the industrial zones or SEZs (special economic zones).
- Industrial zones called SEZs (special economic zones) are being set up. SEZs are to have world class facilities, such as electricity, water, roads, transport, storage, recreational & educational facilities.
- flexibility in labour laws.
- Establishment of Special Economic Zones, which would provide the industries and factories world class facilities like constant electricity, water, etc.
- There was an exemption for industries set up in desired locations from paying taxes for the first 5 years.
- These industries and factories were also allowed flexibility in labour laws, thus not making it compulsory to employ workers on a permanent basis.
संबंधित प्रश्न
What is meant by trade barrier?
“Foreign trade integrates the markets in different countries”. Support the statement with arguments
"Advancement of international trade of a country is an index to its prosperity." Support the statement with suitable examples
Why did the Indian Government put barriers to foreign trade and foreign investments after independence? Analyse the reasons.
Differentiate between investment and foreign investment.
What is the meaning of 'investment'?
What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
How has liberalisation of trade and investment policies helped the globalisation process?
Answer the following question.
How has foreign trade been integrating markets of different countries? Explain with examples.
Analyze the contribution of foreign investment in globalization.
Entry of MNCs in a domestic market may prove harmful for:
Integration of markets means:
Cheaper imports, inadequate investment in infrastructure lead to:
Foreign trade results in connecting the markets or integration of markets:
Which of the following was the main channel connecting distant countries was:
Foreign Trade creates an opportunity for the producers to:
Evaluate the impacts of opening foreign trade on the global economy by identifying the appropriate statements among the following options:
- The choice of goods in the markets increase.
- Producers from two countries closely compete against each other despite the distance between their locations.
- Foreign trade thus results in connecting the markets or integration of markets in different countries.
- The quality of the product is always good.
