Support: +91-22-61011756 / help@projectstoday.com

Help

1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

2-Day Free Trial

Increase your Business Opportunities

Free Trial See Sample Project

GIFT SEZ provides approval to 28 entities for setting up units

Tuesday, 07 Jul 2020

Share this on :

Around 28 entities bagged approval for setting up units in the Gujarat International Finance Tec-City’s (GIFT City) special economic zone (SEZ).

GIFT city, which is located between Ahmedabad and Gandhinagar, has been touted as the template for all other Smart Cities announced by the Central government.

The Development Commissioner of GIFT SEZ along with GIFT SEZ authorities met up with all members of the unit approval committee via teleconference.

All the application documents and details were submitted online by the units, with the entire agenda prepared and circulated online to all the committee members. The expected employment generation by these entities in two-three years is around 2.000 jobs.

To facilitate single window clearance, the government established the International Financial Services Centres Authority to regulate all financial services in International Financial Services Centres (IFSCs) in Gandhinagar.

Currently, banking, capital markets and insurance sectors in IFSC are regulated by multiple regulators -- the Reserve Bank of India (RBI), the Securities and Exchange Board of India (SEBI), and the Insurance Regulatory and Development Authority of India (IRDAI).

The Central government through a notification appointed 27 April 2020 as the date of the establishment of the International Financial Services Centres Authority and the head office of that authority should be at Gandhinagar, Gujarat.

On 8 May 2020, Union Minister of Finance Nirmala Sitharaman launched INR-USD Futures and Options contracts on the two International Exchanges, viz BSE’s India INX and NSE’s NSE-IFSC, at GIFT International Financial Services Centre at Gandhinagar through video conference.