Revenue loss due to SEZs

By: | Published: March 10, 2016 12:00 AM

As much as Rs 77,694.37 crore of revenue was sacrificed during 2012-13 and 2014-15 fiscals for promoting SEZs, commerce and industry minister Nirmala Sitharaman told the Rajya Sabha.

As much as Rs 77,694.37 crore of revenue was sacrificed during 2012-13 and 2014-15 fiscals for promoting SEZs, commerce and industry minister Nirmala Sitharaman told the Rajya Sabha. The revenue foregone due to concessions availed by SEZs during 2012-13 was pegged at Rs 23,305.40 crore.

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