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Which of the following statements regarding current government policy on Special Economic Zones (SEZs) is/are correct?
1. Minimum size of land required to set up a SEZ in sectors such as IT-ITeS, Gems & Jewellery, Electronics and Biotechnology is 100 hectares
2. Minimum size of land required to set up a multi-product SEZ is 1000 hectares
3. SEZ are given 100 per cent income-tax exemption on export income for first 5 years.
Codes:
1 only
1 and 2 only
2 and 3 only
1, 2 and 3
All the statements are correct.
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