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Special Economic Zones (SEZs) have emerged as an important instrument for rapid economic development. Cross country experiences on SEZs seems to suggest that the SEZs have the potential to trigger economic development in designed areas and regions. Special Economic Zone Policy was introduced in India on 1st April 2004 with a view to provide an internationally competitive and hassle free environment for exports. Units may be set up in SEZ for manufacture of goods and rendering of services. All the import and export operations of SEZ units will be on self-certification basis. This book discusses the issue based analytical area Special Economic Zones in India. A National Level Seminar sponsored by Indian Council of Social Science Research was conducted in order to analyse the Prospects and Implications of Special Economic Zones in India. The main theme is categorized into three sub themes as: SEZ and Economic Development, SEZ and Socio and Economic implications, SEZ and Issues and Strategies. A few selected papers presented in the seminar are edited as book in two volumes and entitled as "Development of Special Economic Zones in India" Vol. I deals with the Policies and Issues of SEZ covered by thirty selected papers and Vol. II analyses impact and implications of SEZ's with the twenty-nine papers.