Conceptualised in 2009 & foundation stone laid in 2012, Gujarat International Finance Tec (Gift) city remains a patchwork of state-of-the-art facilities & under-construction centres.
Asking Goa to give up 4% of a river’s flow to help parched districts seems reasonable, moral. But it masks a deeper ethical problem: who bears the burden of the ‘greater common good’?
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
India exited the Indo-Russian FGFA programme in 2018. But now it might procure at least 2 squadrons of Su-57 aircraft from Russia and evaluate Russian proposal to manufacture them in India.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
That is a cheap shot, a back handed slap of a decade of incompetent governance of the current PM . What does it have to do today in the midst of a pandemic? During the election it was all ra ra for a Right wing PM getting reelected for another 5 years!! To his voters, Hindutva matters more than another promise. For his Bhaktas even a big promise is unique and is worthy of a vote. No one affected in a win-win deal. What does it matter to the useless rest???
Considering the actual work started only after 2014, and the level where India’s regulatory authority currently are, GIFT has actually made quite some astounding progress. It takes decades to build a Financial capital like Singapore and Hong Kong. Right now, the city’s goal seems to be to build good infrastructure, that lasts for a long time, and from what I’ve seen and read, it’s going good. Give it 4-5 years, let the Effects of pandemic wear off and maybe then an actual analysis could be done. It’s too early rn.
Some of the stuff written over here about the infrastructure is already outdated.
at least something being built and not all money spent on freebies, scams, loot, corruption, dynasty
That is a cheap shot, a back handed slap of a decade of incompetent governance of the current PM . What does it have to do today in the midst of a pandemic? During the election it was all ra ra for a Right wing PM getting reelected for another 5 years!! To his voters, Hindutva matters more than another promise. For his Bhaktas even a big promise is unique and is worthy of a vote. No one affected in a win-win deal. What does it matter to the useless rest???
Considering the actual work started only after 2014, and the level where India’s regulatory authority currently are, GIFT has actually made quite some astounding progress. It takes decades to build a Financial capital like Singapore and Hong Kong. Right now, the city’s goal seems to be to build good infrastructure, that lasts for a long time, and from what I’ve seen and read, it’s going good. Give it 4-5 years, let the Effects of pandemic wear off and maybe then an actual analysis could be done. It’s too early rn.