International Financial Centres to come up in SEZs
The Dollar Business Bureau The Government of India (GoI) is keen on setting up of International Finance Centres (IFC) in India and the move is expected to provide avenue towards enabling India to become a producer and exporter of international financial services. This was informed by the Minister of State for Finance Jayant Sinha in his reply to Lok Sabha on Friday. This move towards setting up of financial centres is also expected to further provide scope for the finest financiers in India to exhibit his strength to the country’s advantage, the Minister added. The IFCs will be set up in Specially Economic Zones (SEZ) and the first of its kind would be set up in Gujarat International ...
