IT Park-Books - Software Technology Parks Of India

Special Economic Zones (SEZs)
The Government of India had announced a SEZ Department of Commerce, Ministry of Commerce
scheme in April, 2000 with a view to providing and Industry, Government of India has been
an internationally competitive environment for notifying the Jurisdictional Directors of STPI as the
exports. The objectives of SEZs include making Development Commissioners of IT/ITES SEZs since
available goods and services free of taxes and November 12, 2007 in recognition of STPI's
duties supported by integrated infrastructure for expertise and the effective role it played in
export production, expeditious and single administering STP/EHTP schemes which are 100 %
window approval mechanism and a package of Export oriented schemes. This has given STPI added
incentives to attract foreign and domestic responsibilities to foster software exports from the
investments for promoting export-led growth. country.
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In order to give a long term and stable policy With the above notification, 134 IT/ITES SEZs across
framework with minimum regulatory regime the country have come under the umbrella of STPI
and to provide expeditious and single window and nearly 73 more SEZs are expected to be notified
clearance mechanism, the Special Economic in the near future. As Development Commissioners,
Zones Act, 2005 has been brought into effect Jurisdictional Directors of STPI are required to
along with the Special Economic Zones Rules, facilitate the growth of infrastructure in the SEZs by
2006 from 10 February 2006. The main according required support services to developers of
objectives of the SEZ Act are:
IT/ITES SEZs. They are also required to support
setting up of units in the Zones, besides ensuring
(a) Generation of additional economic activity compliance to all rules and regulations. They also
ensure proper coordination with the central and
(b) Promotion of exports of goods and services State Governments and monitor the performance of
SEZ Developers and Units in the zones. They are
(c) Promotion of investment from domestic and
overall in-charge of these Zones and do exercise
foreign sources
administrative control and supervision over the
(d) Creation of employment opportunities
officers and employees appointed in the zones and
report to Ministry of Commerce on investment,
(e) Development of infrastructure facilities
employment and export growth in the IT/ITES SEZs.
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