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Expert panel suggests making GIFT city a gateway for global investors

Committee says IFSC should aim at providing Indian diaspora and individuals from Asia and Africa with full range of financial services, serve residents availing liberalised remittance scheme

Recent history points to multiple challenges but tho­se responsible for managing it suggest it is on the cusp of faster growth
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The expert committee was set up on international retail business development in the IFSC.

Indivjal Dhasmana New Delhi
An expert committee of the International Financial Services Centres Authority (IFSCA) has suggested making GIFT city a gateway to India's growth story for international investors and businesses. 

In an interim report submitted to IFSCA chairperson Injeti Srinivas, the committee said IFSC should aim at providing Indian diaspora and individuals from Asia and Africa with a comprehensive range of financial services.

It also said the IFSC should serve domestic residents availing liberalized remittance scheme.
The expert committee was set up on international retail business development in

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First Published: Sep 21 2020 | 8:56 PM IST

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