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1. Land Grabbing at very low prices.
2. If SEZ built on agricultural land the farmers will loose their livelihood as they are not skilled laborers it would to tough to relocate them to other jobs. Already Farmers are having very bad days in India, one of the leading agriculture countries.
3. Since the companies that operate under SEZ enjoy a lot of tax holidays it would create a burden on the finance ministry as tax collected would be less.
4. Huge downward impact on Tax: GDP ratio & the common man have to pay the price of it.
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∙ 12y ago
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