SEZ Policy: Govt open to review
Facing widespread criticism from the Opposition as well as the supporting Left parties on the SEZ issue, the government today clarified that it was open to reviewing the Special Economic Zone Act once the number of SEZs in the country crossed the figure of 100. The government also ruled out FDI in retail sector, an area that has come under flak from traders and political parties. It added that it would not subscribe to any agreement on WTO unless "India got what it wanted on special products' and farmers and interest of economically vulnerable countries were safeguarded.