Special Economic Zones in India: Public Purpose and Private Property (A)

Posted: 11 Jun 2009

See all articles by Laura Alfaro

Laura Alfaro

Harvard University

Lakshmi Iyer

Harvard Business School - Business, Government and the International Economy Unit

Date Written: March 26, 2009

Abstract

In 2005, the government of India enacted the Special Economic Zones (SEZ) Act in order to attract investment, generate export revenues and create manufacturing jobs. However, several planned projects faced difficulties in acquiring land for setting up the SEZ. In December 2007, the government introduced a new piece of legislation, which proposed to extend the power of eminent domain to allow the government to acquire land for SEZs. Was this the right response to the land acquisition problems of private firms? Was the SEZ strategy the right one for India's economic growth?

Suggested Citation

Alfaro, Laura and Iyer, Lakshmi, Special Economic Zones in India: Public Purpose and Private Property (A) (March 26, 2009). Harvard Business School BGIE Unit No. 709-027, HBS Case No. 709-027, Available at SSRN: https://ssrn.com/abstract=1416792

Laura Alfaro (Contact Author)

Harvard University ( email )

Cambridge, MA 02138
United States

Lakshmi Iyer

Harvard Business School - Business, Government and the International Economy Unit ( email )

Cambridge, MA
United States

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