Reflecting the concerns over the pitfalls in the SEZ concept and allowing a large number of them, the editorial `Taxing zones' (

Business Line

, June 22) rightly advises a rethink in the matter. The tax-break policy has indeed become a lazy man's guide to economic growth.

This is a good opportunity for the Prime Minister, Dr Manmohan Singh, and the Finance Minister, Mr P. Chidambaram, to give a new direction for various policies. .

A. Jacob Sahayam


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(This article was published in the Business Line print edition dated June 27, 2006)
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