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Anybody who wishes to develop a SEZ submits a proposal to the Board of Approval (BoA). A Single Window approval mechanism has been provided through a 19 member inter-ministerial Board of Approval (BoA). BOA is headed by:
Secretary, Department of Economic Affairs
Secretary, Department of Commerce
Finance Minister
Chief Economic Advisor (CEA)
None of the options given above
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country.The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive.Anybody who wishes to develop a SEZ submits a proposal to the Board of Approval (BoA). A Single Window approval mechanism has been provided through a 19 member inter-ministerial Board of Approval (BoA), headed by the Secretary, Department of Commerce.
By: Chetna Yaduvanshi ProfileResourcesReport error
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