Finance Minister announces clearance to 3 key projects worth Rs 500 crore for IFSCA

New Delhi [India]: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman announced clearance to three key projects worth more than Rs 500 crore for International Financial Services Centres Authority (IFSCA) in her visit to GIFT-City in Gujarat’s Gandhinagar, informed the Ministry of Finance on Saturday.The union minister leads a delegation including the two Ministers of State for Finance and Secretaries from the Ministry of Finance and Ministry of Corporate Affairs to Gujarat International Finance Tec (GIFT) City, the release read. The delegation engaged in discussions on matters of development and growth of India’s maiden International Financial Services Centre (IFSC) at GIFT City in Gandhinagar.The presentations covered all aspects of the journey of GIFT-IFSC with reference to the initial vision of Narendra Modi, how far things had come and the way forward to further elevate the stature of GIFT.Thereafter, an open discussion was organized…

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