Maha Cong asks Fadnavis to meet PM on IFC tag to Mumbai

Image
Press Trust of India Mumbai
Last Updated : Mar 17 2015 | 9:02 PM IST
Congress today objected to Centre's focus on Gujarat's GIFT City on its development as a global financial centre by sidelining Mumbai, and asked Maharashtra Chief Minister Devendra Fadnavis to take up the matter with the Prime Minister.
"Fadnavis should take an all-party delegation to Prime Minister Narendra Modi and demand reinstating Mumbai as the international finance centre (IFC)," Mumbai Congress chief Sanjay Nirupam said here.
The proposal to develop Mumbai as an IFC had been conceived by the UPA government, he told reporters.
The Union Finance Minister Arun Jaitley had said in the budget speech that Gujarat International Finance Tec-City (GIFT) had been envisaged as an International Finance Centre.
He did not mention Mumbai in this respect.
Prior to the budget, however, Minister of State for Finance Jayant Sinha had said at an event in the city that the Centre was "keen to transform Mumbai as a global financial centre".
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 17 2015 | 9:02 PM IST

Next Story