Economy · India
GIFT City units exempted from Coastal Shipping Act licensing
The Indian government has exempted units within the IFSC GIFT City from licensing requirements under the Coastal Shipping Act. This exemption applies to chartering foreign vessels for global trade, aiming to facilitate international business operations within the financial hub. The move is expected to streamline processes and boost economic activity at GIFT City.
How outlets across the spectrum covered it
Left 0 · Centre 1 · Right 1 n = 2
- Centre (1): Business Standard
- Right (1): Swarajya