Finance Minister Nirmala Sitharaman in her interim budget highlighted that the GIFT IFSC (International Financial Services Centre) and the unified regulatory authority IFSCA have established a strong channel for the influx of international capital. The primary aim of GIFT IFSC, situated in Gandhinagar, Gujarat, is to foster and advance the trading of global securities, encompassing commodities, and assume a leadership role in determining prices for such commodities traded globally.
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