Journal Press India^®

Author Details ( * ) denotes Corresponding author

Special Economic Zone (SEZ) is a demarcated area within a country where the rule of business is different to attract investment, promote exports, and facilitate overall regional development. The growing number of SEZs in India are mainly concentrated in Information Technology/Information Technology enabled Services (IT/ITeS) sector.  The state of Haryana is considered the IT-BPM hub of India as all the operating SEZs in Haryana are in the IT/ITeS sector. However, SEZs in IT/ITeS sector became operational after many years of notification.  The developers of IT/ITeS SEZ couldn't make their SEZ operational even after many extensions of deadlines were allowed. Against this backdrop, the present study aims to find the performance of SEZ developers belonging to IT/ITeS sector in Haryana using macro-observations of available secondary data. The study concludes that there are more cancellations of approvals (formal approval or de-notification) to date than the number of operational SEZs.

Keywords

Special economic zone; IT/ITeS sector SEZ; Haryana; SEZ denotification.

1. Elangovan, A., & Palanisamy, SKP. (2013). Performance evaluation of special economic zones. Indian Journal of Applied Research, 3(10), 1-5.
2. Ganapathy, A. (2016). An evaluation of special economic zones (SEZs) performance post SEZs Act 2005. Universal Journal of Industrial Business Management, 4, 44-52.
3. Govindan, P. (2018). A study of performance of special economic zones (SEZs) in India. Research Reinforcement, 6(2), 30-42.
4. IT & ESDM Policy (2017). Department of Electronics & Information Technology, Government of Haryana. Retrieved from https://investharyana.in/content/ pdfs/ IT%20ESDM.pdf
5. Jenkins, R., Kennedy, L., & Mukhopadhyay, P. (2014). Power, policy, and protest: The politics of India's Special Economic Zones. Oxford University Press. DOI: 10.1093/acprof:oso/9780198097341.001.0001.
6. Khalate, S. B., & Pimple, V. V. (2018) A study of performance of special economic zones (SEZs) in India. Chronicle of the Neville Wadia Institute of Management Studies & Research, 144-154.
7. Kumar, A., & Kumar, S. (2017). A study of performance of SEZs in Haryana. International Journal in Management and Social Science, 5(7), 479-487.
8. Kumari, B., Tayyab, M., & Rahman, A. (2018). Analyzing growth and distribution of special economic zone (SEZs) in India. International Journal of Research and Analytical Reviews (IJRAR), 5(3), 591-602.
9. Mukherjee A., Pal P., Deb S., Ray S., & Goyal T. M. (2016). Special economic zones in India. India Studies in Business and Economics. Springer: New Delhi. https://doi.org/10.1007/978-81-322-2806-6_1
10. Mukherjee, A., & Bhardwaj, B. (2016). Imposition of MAT on SEZs: Concern & the Way Forward. Working Paper 314. Indian Council for Research on International Economic Relations.
11. National Council of Applied Economic Research (NCAER). (Third Edition, 2018) The NCAER State Investment Potential Investment Guide.
12. Sahoo, P. (2015). Time to review the special economic zones act. Economic and Political Weekly, 50(14), 23-26. Retrieved from http://www.jstor.org/stable/24481852
13. Singh, K. (2013). Overview of special economic zones (SEZs) with a special reference to Haryana. Global Journal of Management and Business Studies. 3(11), 1235-1240.
14. Tantri, M. L. (2010). Performance of Indian SEZs: A disaggregated level analysis. Working Paper 251, The Institute for Social and Economic Change, Bangalore.
15. TK, A.R., & Arul, P.G. (2016). An evaluation of Special Economic Zones (SEZs) performance post SEZs Act, 2005. Universal Journal of Industrial and Business Mangement. 4(2), 44-52. DOI: 10.13189/ujibm.2016.040202
16. Velan, N. & Malik, M. H. (2019). Software and services export, IT investment and GDP nexus in India: Evidence from VECM framework. International Trade, Politics and Development, 3(2), 100-118.