Nirmala Sitharaman clears 2 GIFT City proposals
The Hindu
The Finance Minister announced the formal clearance of ₹269.05 crore for supervisory technology fund for IT infrastructure and ₹200 crore for headquarter building
Union Finance Minister Nirmala Sitharaman announced the clearance of two proposals worth ₹469 crore of the International Financial Services Centres Authority (IFSCA) at GIFT City here during her one-day visit on Saturday.
Ms. Sitharaman announced the formal clearance of ₹269.05 crore for supervisory technology fund for IT infrastructure and ₹200 crore for headquarter building, the Ministry of Finance said.
She also underlined the Central government’s commitment to make GIFT City a world-class fintech hub as stated in the Union Budget 2021-22.
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