Hon’ble Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman visited the IFSCA at GIFT-IFSC and reviewed various developments in the evolution of GIFT-IFSC as an emerging hub for international financial services. Addressing the Board members and senior officers of IFSCA, while reiterating full support of the Government of India to India’s maiden IFSC, the Hon’ble Minister said, “Government’s vision for GIFT-IFSC transcends much beyond the realm of traditional finance and ventures into the realm of thought leadership. We envision it as the true embodiment of Atmanirbhar Bharat, a hub of ingenuity and innovation.”

Shri K. Rajaraman, Chairperson, IFSCA, while welcoming the Hon’ble Finance Minister, apprised the Hon’ble Minister of the updates on recent regulatory initiatives led by IFSCA, and also highlighted efforts towards reducing cost of doing business in GIFT-IFSC.

Refer to the press release for more details IFSCA’s Press Release.