GoI sets up 17-member committee for larger reforms in SEZ policy

Current Context: On March 8–9, 2026, the Government of India set up a 17-member committee in New Delhi to reform the SEZ policy.

• The committee is chaired by the Commerce Secretary and includes members from Ministry of Commerce & Industry, NITI Aayog, DPIIT, CBIC, Directorate General of Export Promotion, Export Promotion Council for SEZs, Development Commissioners, and Department of Economic Affairs.
• Its aim is to prepare a concept paper and roadmap for SEZ 2.0 within six months, modernizing India’s export ecosystem.
• The panel will suggest short, medium, and long-term reforms, including legal and procedural changes to the SEZ Act/Rules.
• It will also work to harmonize SEZs with other export promotion schemes like EoUs, MOOWR, EPCG, DFIA, and Advance Authorisation.
• The reforms are expected to boost competitiveness, attract foreign investment, generate employment, and align SEZs with global trade practices.

Question:

Q.1 Who chairs the committee formed in March 2026 to reform India’s SEZ policy?
a) Finance Secretary
b) Commerce Secretary
c) Cabinet Secretary
d) CEO of NITI Aayog

Answer: b) The Commerce Secretary heads the committee tasked with preparing a roadmap for SEZ 2.0 and recommending policy reforms.