|Economy|
At Cochin's Special Economic Zone, independence is a forgotten ideal. Here, as in other SEZs, the government has long treated native soil as territorial possessions of foreign nations, exempt from taxes, rules and safeguards that apply elsewhere. The only losers are the workers.
reports that now this charade is being expanded.
|Economy|
A new sop came into effect for net-foreign exchange earning businesses in designated export zones from February 10 -- a 15-year income tax holiday. But are the costs of the revenues foregone worth the claimed benefits of more investment and jobs?
examines the reality and does not find a rosy picture
With small coir manufacturers in Kerala unable to modernise their processes, their loss has become Tamilnadu's gain, reports
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