The Government of India has set up a 17-member committee to recommend major reforms to the Special Economic Zones (SEZ) policy. The panel will draft a concept paper and roadmap for an 'SEZ 2.0' policy and review how effective the SEZ Act, 2005 remains in today's global trade and investment climate. It will also look at harmonising export promotion schemes such as SEZs, Export Oriented Units (EOUs), MOOWR, the EPCG scheme, Advance Authorisation and DFIA. Members are drawn from the Commerce Ministry, NITI Aayog, DPIIT and CBIC.