Thursday, January 22, 2009
The lack of economic activity in most SEZs leads to the suspicion that many were incapable of attracting economic production units in the first place. The rush to 'denotify' them only reinforces this view. SEZs: engine derailed?
The current crisis has some striking similarities with the fallout in India of the Great Depression of 1929-1933. Indian farmers were pushed deep into debt, and the overall economy suffered. Patterns from the past