Gift City Current Affairs, GK & News
While launching Ro-Pax terminal at Hazira and flagging-off Ro-Pax ferry service between Hazira and Ghogha on November 8, 2020, Prime Minister Narendra Modi said that Gujarat maritime cluster ports, a dedicated system to address Ports to sea-based logistics, will be built in GIFT city. Maritime Cluster Project While the concept of maritime clusters is new ..
On October 22, 2020, the Injeti Srinivas Committee submitted its second interim report to the chairperson of International Financial Services Centres Authority (IFSCA). It was an IFSCA Expert Committee that was constituted to study about the international retail business development in IFSC. Background The committee as constituted to make recommendations on promoting international retail business ..
Category: Reports & Indexes Current Affairs
On July 6, 2020, the retired 1983 batch IAS officer from Odisha Cadre, Injeti Srinivas was appointed as the first chairman of the International Financial Service Centre Authority. Highlights The retired diplomat has been appointed as the chairman for a period of three years. He retired from service as Secretary to Ministry of Corporate Affairs. ..
Month: Current Affairs - July, 2020
Category: Persons in News Current Affairs
On May 9, 2020, the Union Finance Minister Smt Nirmala Sitaraman launched the INR-USD Futures and Options contracts in the BSE and NSE platforms. They were launched at the GIFT International Financial Service Centre (IFSC) in Gandhinagar, Gujarat through video conference. Significance The contracts have been launched to increase economic activity and employment in the ..
Month: Current Affairs - May, 2020
Category: Economy & Banking Current Affairs
The Budget 2020-21 has been framed on the basis that Governance and Finances are the two major hands in achieving the three themes of the budget. The three themes include aspirational India, Economic Development and Caring India The Budget has allocated funds for the following in the efforts of achieving 5 trillion USD economy. Public ..
Category: India Nation & States Current Affairs