GIFT city emerging India’s first greenfield smart city
The Hindu
It’s operational with more than 200 entities which have set up their offices
Around seven km from Gujarat’s capital Gandhinagar, on the banks of the Sabarmati river in approximately 886 acres, once a barren land along the river is now emerging as the country’s first greenfield integrated city — a dream project Prime Minister Narendra Modi had envisaged as Chief Minister.
Now operational with more than 200 entities which have set up their offices where more than 12,000 people are working, the Gujarat International Finance Tec City (GIFT City) is India’s first and only International Financial Services Centre (IFSC) where banks, stock exchanges and financial services firms have set up their global operations.
As per the plans, 886 acres will be provided to develop nearly 62 million square feet built-up area constituting 67% commercial, 22% residential and 11% social space.
The election authorities are gearing up for the counting of votes cast in the simultaneous elections to Lok Sabha and Assembly seats in Andhra Pradesh, scheduled to be held on June 4. The Collectors and Election Officers of Visakhapatnam, Anakapalli and Alluri Sitharama Raju (ASR) districts said on May 23 (Thursday) that their teams were ready for the counting of votes.
Responding to the prolonged water scarcity, the residents of the area took to the streets in protest on Wednesday. The protest, which drew attention to their plight, stopped only after the intervention of the police. It was not until 1.30 p.m. that a 4000-litre tanker was finally delivered by BWSSB, providing relief to the water-starved residents.