In a keynote address at the ‘Infinity Forum 2.0’ conference in GIFT City, Prime Minister Narendra Modi emphasized India’s robust economic growth, attributing it to transformative reforms over the past decade. Here are the key points:
1. India’s GDP surged by 7.7 percent in the first half of the fiscal year, a testament to the nation’s growing economy.
2. PM Modi credited the strengthening economy to transformative reforms implemented in the last 10 years.
3. Plans unveiled to position Gujarat International Finance Tec (GIFT) City as a global hub for financial and technological services.
4. Recognition of GIFT International Financial Services Centre’s (IFSC) pivotal role in the global fintech sphere.
5. Call for ideas to establish a market mechanism for green credits, showcasing India’s commitment to sustainable finance.
6. Emphasis on GIFT IFSC’s potential to contribute significantly to India’s sustainable finance goals.
7. GIFT IFSC praised for fostering a low-carbon economy through instruments like green bonds.
8. Plans outlined to elevate GIFT City’s status as a modern hub for financial services and technology.
9. GIFT-IFSC positioned as a tax-neutral financial center, aiming to compete globally with fiscal incentives.
10. Celebration of UNESCO recognition for Gujarat’s traditional Garba dance.
