Business College

Briefly explain the weaknesses of the RSA's Industrial Development Zones?

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Answer 1
Revenue losses because of the various tax exemptions and incentives.Many traders are interested in SEZ, so that they can acquire at cheap rates and create a land bank for themselves.The number of units applying for setting up EOU's is not commensurate to the number of applications for setting up SEZ's leading to a belief that this project may not match up to expectations.

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