As on March 2021, which of the following states does NOT have an export-processing zone?
Bihar
The correct answer is Bihar.
Purpose: To boost exports, attract foreign investment, and create jobs. Additional Information: Special Economic Zones (SEZs) Special Economic Zones are designated areas with different economic laws compared to the rest of the country, aimed at promoting trade, investment, and job creation. They offer incentives like tax benefits, duty-free imports for export production, and streamlined procedures. The SEZ Act of 2005 provided the legal framework for SEZs in India, replacing the earlier EPZ policy.
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