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Special Economic Zones are widely considered as growth engines of the National economy. One contentious issue in the establishment of the Zones has been the issue of land acquisition and the future prospects of the land givers. Land acquisition invariably leaves an impact which has been generally considered as having uniform negative impact though in reality the impact is differential and this differential has not been adequately addressed. This book analyses the issues of land acquisition, utilization of compensation, impact of human resources training and land acquisition on the lives of the local people who were not displaced but retained in their village habitations. The study is conducted in Sri City Sez in Chittoor district of Andhra Pradesh. It is argued that the local people have to be followed-up, monitored through action projects for their betterment and for a successful integration into the industrial culture. The relevant policies must incorporate such provisions post-land acquisition.