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ASSESSING THE IMPACT OF SEZS ON THE RURAL ECONOMY: A CASE STUDY OF MAHARASHTRA

Vikas Rawat , Department of Commerce, Shri jagdish prasad jhabarmal tibrewala university, vidyanagari, Jhunjhunu, Rajasthan, India

Abstract

This paper explores the impact of Special Economic Zones (SEZs) on the rural economy of Maharashtra, focusing on the socio-economic changes brought about by their establishment. SEZs are key drivers of industrial growth, foreign investment, and economic liberalization in India. While they have contributed significantly to urban development, their effects on rural areas, particularly in Maharashtra, are complex and multifaceted. This study examines how SEZs influence rural employment, income levels, agricultural practices, infrastructure development, and the local community's standard of living. Through a case study approach, the paper analyzes both positive and negative outcomes of SEZs, including job creation, income diversification, displacement issues, environmental concerns, and changes in land use. The findings provide insights into the broader implications of SEZs for rural development, highlighting the need for balanced policy interventions to maximize benefits while mitigating adverse effects on rural communities.

Keywords

Special Economic Zones (SEZs), Rural Economy, Economic Development

References

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Johansson, H., and L. Nilson. 1997. “Export Promoting Zones as Catalyst.” World Development, 25 (12): 2115–28.

Ministry of Finance, Govt. of India. 2011. Economic Survey, 2010–11. New Delhi: Ministry of Finance, Govt. of India.

Mukhopadhyay, P., and Pradhan, K. C. 2009. “Location of SEZs and Policy Benefits: What Does the Data Says?” CPR Occasional Paper No. 18, March. Centre for Policy Research (CPR), New Delhi.

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National Sample Survey Organization (NSSO). 2003. Some Aspects of Operational Land Holdings in India, 2002–03. Report No. 492. New Delhi: Ministry of Statistics & Programme Implementation, Govt. of India.

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Vikas Rawat. (2024). ASSESSING THE IMPACT OF SEZS ON THE RURAL ECONOMY: A CASE STUDY OF MAHARASHTRA. The American Journal of Management and Economics Innovations, 6(11), 8–12. Retrieved from https://theamericanjournals.com/index.php/tajmei/article/view/5616