SEZ rules easing to benefit a few labour-intensive sectors

THE BUDGET PROPOSAL to relax the rules allowing units in special economic zones (SEZs) to sell their output in the domestic market will be for a select labour-intensive sectors that are under pressure due to global trade disturbances, an official said on Monday.

- MUKESH JAGOTA

Around “seven-eight sectors”, including leather, textiles and engineering goods, will be the beneficiaries of the proposal, Commerce Secretary Rajesh Agrawal said. The bigger SEZs like the ones involved in petroleum refining would be kept out of this onetime relaxation.