GIFT Current Affairs, GK & News
What is the unique Martime Cluster coming up in GIFT city of Gujarat?
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 ..
Month: Current Affairs - November, 2020
Category: India Nation & States Current Affairs • States Current Affairs
Topics: GIFT • Gift City • Gujarat • maritime project
Injeti Srinivas Committee submits report
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 ..
Month: Current Affairs - October, 2020
Category: Reports & Indexes Current Affairs
Topics: foreign funds • Foreign Investment • GIFT • Gift City • IFSC • Injeti Srinivas • Insurance Companies • NRI investments
Five Point Agenda for GIFT City to make it Credible Jurisdiction
According to the Department of Economic Affairs, Ministry of Finance, the government is working on a five-point reform proposal in which it is being seen that IFSC in Gujarat does not turn out to become a tax haven in the world. The main areas of focus for reforms are: Feasibility of launching more products at ..
Month: Current Affairs - July, 2020
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: GIFT • IFSC • International Financial Services Centre