Govt issues notification for Indian firms to list on GIFT City's exchanges
Paving The Way
- India should meet its net zero target by 2070
- Govt allowed listed and unlisted cos to directly list on IFSC exchanges at GIFT City
- It’ll enable companies in India to access global funds
Gandhinagar: Union Finance Minister Nirmala Sitharaman on Thursday said the GIFT City should develop a platform for trading ‘green credits’ and also build a diverse fintech laboratory to help India become a $30 trillion economy by 2047.
She said “the GIFT City, poised to be the gateway for financial and investment hub,” is designed to provide advantages to India’s entrepreneurs in accessing global finance.
“The much-awaited direct listing of stock in GIFT IFSC was announced earlier. We are going through the process in a systematic manner and I’m confident that it will happen at the earliest. With that Indian companies should be able to access global funds easily being listed in India,” she said addressing the seminar ‘GIFT City-An Aspiration of Modern India’.
