The correct answer is D) All of the above.
Special Economic Zones (SEZs) are designated areas with economic and trade privileges. They are established to promote exports, attract investment, and create employment.
SEZs offer a number of benefits to businesses, including:
- Tax breaks
- Reduced customs duties
- Visa facilitation
- Land and infrastructure at subsidized rates
These benefits make SEZs an attractive option for businesses looking to expand or relocate. As a result, SEZs have been successful in attracting investment and creating jobs.
In Telangana, SEZs have played a significant role in the state’s economic development. The state has 13 SEZs, which have attracted over Rs. 100,000 crore in investment and created over 1 lakh jobs.
SEZs have also helped to promote exports from Telangana. In 2019-20, the state’s exports from SEZs stood at Rs. 15,000 crore.
Overall, SEZs have been a positive force for economic development in Telangana. They have helped to promote exports, attract investment, and create employment.