Government Forms 17-Member Committee for SEZ 2.0 Policy Reforms
The primary objective is to modernize the SEZ framework to boost exports, enhance global competitiveness, and align with manufacturing growth.
The panel comprises officials from NITI Aayog, DPIIT, CBIC, and the Department of Economic Affairs, along with two SEZ Development Commissioners.
The committee is expected to conduct a comprehensive background study and submit a concept paper within a six-month timeframe.
This reform is crucial for aspirants to track as it aims to integrate existing export promotion schemes with the SEZ ecosystem for better synergy.
Key Facts / Static GK
DPIIT: Department for Promotion of Industry and Internal Trade
NITI Aayog CEO: B.V.R. Subrahmanyam
CBIC: Central Board of Indirect Taxes and Customs
Practice Quiz — 10 March 2026
Q1. What is the total amount raised by the Bank of Baroda through its maiden domestic green infrastructure bond issuance?
Q2. Which of the following variants of the HDFC-Swiggy co-branded credit card is specifically designed for premium lifestyle spending?
Q3. The completion of which corridor marked the operationalization of India's first ring metro network in Delhi?
Q4. Consider the following statements regarding the newly formed SEZ Policy Reform Committee: 1. It is a 17-member committee established by the GoI. 2. The committee aims to develop the 'SEZ 2.0' policy. 3. It must submit its concept paper within one year. Which of the statements given above is/are correct?
Q5. BEL has signed an MoU with which aerospace company to develop satellite systems for Very Low Earth Orbit (VLEO) missions?
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