SPECIAL ECONOMIC ZONE: AN ESSENTIAL NUISANCE FOR ECONOMIC DEVELOPMENT: A CASE STUDY OF ADANI-MUNDRA SPECIAL ECONOMIC ZONE

Special Economic zones are being criticised on the grounds of its policy fran framework and experiences of people after their establishment. Although any policy will have its pros and cons. our scope as being a person of economics should be and is concerned more with costs and benefits of socio-economic fields. On the other hand, the momentum and the direction are being criticised by environmentalists in the interest of natural resource protection. Now economists too give importance to sustainable development and therefore are interested in natural resource protection. Not only that, but now it is the view of scholars that economic policies should be prepared for the optimal utilization of natural resources (Originally too the economics is a science that studies the methods of using limited resources). Administrative policies can put at the top either of the objectives, the economic development or balancing the ecology. In making this statement, it is assumed here that both the goals-economic development and balancing of ecology-are inversely related. Therefore administrative policies should aim to find out the way by which the growth rate can be kept high; simultaneously we have to maintain the balance of ecology. In this paper the Special Economic Zone as a pro trade development policy of government and its impact on natural resources has been taken to enquire in it, especially in reference to APSEZ in the Kachchh district.