Q. With regards to Baba Kalyani Report, consider the following statements:
Select the correct answer using the codes given below:

1 only

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2 only

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Both 1 and 2

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Neither 1 nor 2

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Solution

The correct option is A 1 only
Explanation:

Government of India constituted a group under the Chairmanship of Baba Kalyani to study the Special Economic Zone (SEZ) Policy of India.

Statement 1 is correct: The committee has recommended a framework shift from export growth to broad-based Employment and Economic Growth (i.e. Employment and Economic Enclaves).

Statement 2 is incorrect: It did not recommend the ending of Sunset Clause rather extension of Sunset Clause and retaining tax or duty benefits.

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