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INDIA’S EXCLUSIVE BI-WEEKLY NEWSPAPER FOR INTERNATIONAL
RNI NO. 56969/93 ASSIGNMENTS, BUSINESS & EXPORTS
®
largest structure ‘Mirror Line’ flydubai, Air Arabia, and Wizz Air Abu
airlines Emirates, Etihad Airways,
S
full-time jobs in different capacities
Our Saudi Correspondent stages by creating 790-mts-long
structures of varying heights up
AUDI Arabia is planning to 490 mts that will connect in
to build the world’s a line.
largest structure, the The project builds on Mr Al
120-kms-long skyscraper called Saud’s announcement in Janu-
The Mirror Line within the $500- ary of plans to create a linear
billion Neom project. community that is expected to
The Mirror Line will comprise cost up to a trillion dollar and
two glass reflective buildings house about five million people
measuring up to 488 mts high, when complete.
running parallel for 120 kms The entire 170-kms coastal
across coastal, mountain and strip in the north-west of Saudi
desert terrain, according to doc- designs such as integrated ver- ing nature. Arabia would be free of cars
uments seen by The Wall Street tical farming, a marina for yachts, “The idea of layering city and streets, with zero-carbon
Journal. and a sports stadium built up to functions vertically, giving people emissions, said Mr Al Saud.
The two buildings will be con- 305 mts above ground. the possibility of moving seam- The Mirror Line is one of a
nected via walkways, and a high- The structure is the epicentre lessly in three dimensions to series of projects that make up
speed train will run underneath of Crown Prince Mohammed access them, is a concept re- Neom. Four other developments,
them. The structure is expected bin Salman Al Saud’s zero-car- ferred to as Zero Gravity Ur- Neom Bay, Aqaba Region,
to cost a whopping $1 trillion bon smart city project called banism,” said Mr Al Saud. Neom Mountain and Neom In-
upon completion, and is projected Neom, which will cost another The Mirror Line is designed dustrial City, are intended to
U
to house five million people who $500 billion to build. by the US-based Morphosis Ar- surround it.
will be able to travel end-to-end Mr Al Saud announced that chitects and the project involves There is also the planned
within a 20-minute stretch. The Line puts humans first, pro- at least nine other designs and project named the Vault, which Our UAE Correspondent of senior administrator, travel countries. However, the cabin
A
tinue hiring throughout this year Colombo, Muscat, New York, ecutive Officer of flydubai, recently
Our Abu Dhabi Correspondent place to create additional jobs, advancing as the aviation sector bounces Chicago, Poland, Budapest and told Khaleej Times that the air-
the market performance of office sector. back after the pandemic. flydubai others. line’s recruitment drive would
BU Dhabi is expected to experience Simon Townsend, Head of Strategic Ad- recently announced that they Abu Dhabi-based national continue throughout the year.
a boom in construction with the ad- visory at CBRE MENAT, said: “The com- had expanded their workforce airline Etihad Airways has listed Sharjah-based low-cost air-
dition of 28,000 residential units en- petitive market conditions have led to an by 25 per cent since the start of 100-plus jobs on its career portal line Air Arabia also has more
tering the market taking the total to 2,58,000 end-user driven market, especially in the the year. that include cabin crew, food than 50 vacancies, including
units by 2023 following the government’s capital. The Dubai-based Emirates safety audit officer, network de- captain, crew, store controller,
initiatives to stimulate the property sector. “Given this business appetite, we see is recruiting to fill 100-plus va- velopment manager, airside safe- marketing manager, technician,
A report by global consultancy CBRE potential for developers to devise creative cancies, including cabin crew, ty officer, manager route prof- account executive, call centre
said that changes in the freehold law that schemes to engage with more investors contact centre agents, sales itability, forklift operator, warranty agent, marketing and PR exec-
have enabled expatriates to own freehold and buyers. In the office sector, for example, agents, engineers, technical staff, and repair officer, butcher, baker, utives and others. Many of these
property in over 15 designated investment landlords have reduced service charges, airport service agents, senior cook, corporate communication jobs are based in other countries
zones is expected to have a positive impact and are offering capex contributions and maintenance technicians and officer among others. such as Pakistan, India, Egypt
on the residential market. longer rent-free periods, as a strategy to others. Cabin crew jobs are available and Armenia.
Another initiative which may influence sustain higher occupancy levels. For its subsidiaries such as in different countries, including Wizz Air Abu Dhabi has
residential purchase decisions in Abu Dhabi “It is extremely promising to see the dnata, Emirates Holidays, Emi- Australia, Germany, Oman, Is- openings for the role of crew
in the long run is the launch of the Golden government’s ongoing commitment to in- rates SkyCargo and Arabian Ad- tanbul, Netherlands, Greece, planner, cabin crew, both expe-
Visa system in the UAE, that offers a 10- troducing initiatives that promote economic ventures, the flagship carrier has Spain, Bahrain, Kazakhstan, rienced & freshers and compli-
year permanent residency to investors, en- Office demand is also expected to be growth and continued investment in the announced positions for the role Japan, Malaysia and some other ance manager.
trepreneurs, chief executives, scientists and supported by government initiatives to create market, and, we are confident that under
outstanding students, CBRE said. jobs and increase economic activity, CBRE this dynamic leadership, Abu Dhabi is well-
Abu Dhabi’s hospitality sector is set to said. At the end of 2019, existing office placed to experience positive trends across
add an extra 9,300 hotel rooms within the supply stood at 4.3 million sq m gross key sectors in the future.”
next three years. The growth in hotel occu- leasable area (GLA) with an expected de- The report said that during the second
pancy can be attributed to a number of livery of an additional 0.6 million sq m GLA half of 2019, hotel demand in Abu Dhabi
government measures last year, including by 2023. has been positively impacted following major
a boom in tourism, municipal and municipality Ghadan 21, a three-year economic stim- events, such as Special Olympics, AFC
The football
F
Katara cultural district with its tastes. It includes quad biking,
Our Qatar Correspondent seums, libraries, performing arts, wonderful art galleries and fine dune bashing, sand boarding,
and a multitude of traditional ac- restaurants, in addition to the or swimming in the sea.
IFA World Cup Qatar 2022 tivities. One of the most promi- open theatre, the waterfront, and Also, Khor Al Adaid is one of
is a great opportunity for nent archeological landmarks in the distinctive Katara beach. the few places where seawater
the wide spectrum of Qatar is Al Zubarah Fort. Other tourist attractions in- penetrates deep into the desert.
spectators and fans to visit The fort and the adjacent clude The Pearl-Qatar island, The National Museum of
Qatar and enjoy the tournament archeological sites make the vis- with its unique character and Qatar displays country’s rich her-
in addition to the tourism land- itors travel through time to have the amazing promenade in Porto itage, culture, and future aspi-
marks in the country. a glimpse of the rich traditions Arabia with its various choices rations of its people. Another at-
The football festival will be and the long cultural history of of fine restaurants, and the Carti- traction is the Museum of Islamic
held from November 21 to De- the region through the lens of er Canal, which reminds the vis- Art, which displays one of the
cember 18, 2022. the fort and the adjacent arche- itor of the charming water chan- best collections of Islamic art
Qatar is characterised by its ological sites. nels in Venice, Italy. worldwide, as it includes real
incredible tourism landmarks as Today the fort has become In addition, one of the land- masterpieces coming from three
the country abounds with multiple one of the global heritage sites marks that can be visited is Al- continents, representing the di-
archeological sites, several mu- of the United Nations Educa- Wakra Market, which allows the versity of Islamic heritage.
Civil-military jointness must
2 ASSIGNMENTS ABROAD TIMES, MUMBAI, WEDNESDAY, AUGUST 03, 2022
T
AAT News Service adopt ‘Whole of the Nation’ and Narendra Modi’s vision of ‘Make said Mr Singh.
‘Whole of the Government’ ap- in India, Make for the World’, he He exuded confidence that
HE Union Minister for De- proach to overcome these chal- said. programmes such as the Joint
fence, Rajnath Singh, calls lenges. The Defence Minister was of Civil-Military Programme at LB-
for greater jointness of Mr Singh asserted that the the view that unless the silos of SNAA will play a crucial role in
civil administration and Armed full-fledged process of civil-mili- the civil administration and Armed the journey of civil-military inte-
Forces to further strengthen na- tary jointness has been started Forces are broken to deal with gration, which has started under
T
military dimensions have been of various social, economic &
added to the more general as- political institutions and min- AAT News Service region. Road infrastructure con- 45,000 crore.
pect of protection from military istries/departments for the se- nects people, culture and society “We are ready to adopt
attacks. curity and prosperity of the peo- HE Union Minister for and brings prosperity through world's best and most successful
He described the Russia- ple. While the division of work Road Transport and High- socio-economic development, technology and new materials
Ukraine situation and other sim- was necessary for the smooth ways, Nitin Gadkari, has said the minister. for construction. Use of proven
ilar conflicts as proof that the functioning of a vast country like proposed setting up of Innovation In the last eight years, the technology and reduction in con-
world is witnessing challenges India, over a period of time de- Bank for new ideas, research length of national highways has struction cost are the two most
far beyond conventional warfare. partments and ministries started findings and technologies to fo- gone up by more than 50 per important driving forces for us.
“War and peace are no longer to work in silos, he said. cus on quality in infrastructure cent from 91,000 kilometres in We need to reduce the cost of
two exclusive states, but a con- Mr Singh stressed that the development. 2014 to about 1.47 lakh kilome- construction while maintaining
tinuum. Even during peace, war approach of working in silos has Virtually addressing the Mid- tres now. “Our government is quality,” said the minister.
continues on many fronts. A full- been changed by Prime Minister, Term Council Meeting of the In- dedicatedly working towards ex- “There should be minimum
scale war is lethal to a country Narendra Modi who focusses dian Roads Congress (IRC) he panding the national highway carbon footprints and exploitation
as much as it is for its enemies. ation of the post of Chief of De- expect adequate preparedness on working with jointness. This said, new initiatives are expected network to two lakh kilometres of limited natural resources dur-
Therefore, full-scale wars have fence Staff and establishment to respond to future challenges. new approach, with which the from IRC. Innovation should be by 2025. In last eight years, our ing the construction and opera-
been avoided in the last few of Department of Military Affairs. He, however, maintained that government is now working, has the focus area for all engineers. team has created multiple world tion phase. Development at the
decades. They have been re- These decisions are proving to synergy does not mean infringing ensured holistic development of IRC should develop a world- records,” said Mr Gadkari. cost of degradation of ecology
placed by proxies and non-com- be helpful in making the country upon each other’s autonomy; it the nation, he said. class state-of-the-art laboratory Government is very commit- and environment is not accept-
bat wars. Technology, supply ready for future challenges. The means working together while Terming the service rendered with the help of Indian Institutes ted to the development of the able to us. A sustainable alter-
line, information, energy, trade steps taken to modernise the respecting one’s identity, like the to the nation by LBSNAA over of Technology (IITs) and global North East region. National High- native for steel and cement
system, finance system etc. are Armed Forces and make the colours in a rainbow. the last several decades as un- institutions in the world. ways and Infrastructure Devel- should be found.
being weaponised, which can defence sector ‘Aatmanirbhar’ “India is a peace-loving na- paralleled, Mr Singh asserted Infrastructure development opment Corporation is playing “Road safety is a high-priority
be used as a weapon against have started to yield results. tion which does not want war. that the institution, through its has an important role in fulfilling a vital role in developing infra- area for the government. We
us in the coming times. People’s Now, India is not only manufac- It has never attacked any coun- training, is nurturing the civil the vision of Prime Minister, structure in this region. The na- need to incorporate effective
co-operation is needed to deal turing equipment for its Armed try, nor has it captured an inch services officers, known as the Narendra Modi to make India a tional highways share of the re- global practices and guidelines
with this widened scope of se- Forces, but is meeting the needs of anyone’s land. However, if steel frame of the country's sys- five trillion-dollar economy and gion stands at 10 per cent. Till related to road engineering into
innovation-based standards
The IS 17693: 2022 Non-electric
Cooling Cabinet Made of Clay is
the first standard rooted in a
grassroots innovation –
‘Mitticool refrigerator’. The
standard specifies the
construction and performance
The Union Minister for Rural Development and Panchayati Raj, Giriraj Singh, at the requirements of a cooling
cabinet of the natural
T
AAT News Service as specified by the Central gov- remote area ROs under their need of electricity. It provides
natural coldness to foodstuffs
ernment from time to time; pro- ambit. Now the authorised enti-
HE Government of India viding services to any person ties have been obligated to ex-
T
November 8, 2019, with an ob- tomers at reasonable prices. customer services in the market
jective to ensure greater partici- The government has now and to ensure that adherence AAT News Service subsequently engaged with NIF endeavour of BIS to fulfil 6 out logical developments and so
pation of private sector in the expanded the horizon of USO to the USO forms a part of the to develop a new Indian Stan- of 17 United Nations Sustainable on.
fuel retail business. Simultane- by including all ROs including market discipline. HE first official standard dard – IS 17693: 2022 ‘Non- Development Goals (SDGs), The impact of Mitticool re-
ously, it also ensured setting up for a grassroots innovation electric cooling cabinet made of namely 1 (no poverty), 2 (zero frigerator has already been ex-
retail outlets (ROs) in remote has been set up for clay clay’. hunger), 5 (gender equality), 7 ponential, and it is poised to
areas by these entities. cooling cabinet Mitticool devel- The IS 17693: 2022 Non- (affordable and clean energy), grow by attaining this significant
It has been an endeavour of oped by Mansukh Bhai Prajapati, electric Cooling Cabinet Made 9 (industry, innovation, and in- milestone of setting standards.
the government that for remote from Wankaner, in Gujarat. The of Clay is the first standard rooted frastructure), and 12 (responsi- It is already playing a lead role
area ROs the authorised entities standard set up by the Bureau in a grassroots innovation – ‘Mit- ble consumption and produc- in reviving the pottery culture,
provide quality and uninterrupted of Indian Standards (BIS) is nec- ticool refrigerator’. The standard tion). tradition and heritage; connect-
fuel supply services to the con- essary after a particular stage specifies the construction and The standard can help ing people back to roots in better,
sumers by way of Universal for scaling up and entering the performance requirements of a grassroots innovations march healthier ways; promoting sus-
Service Obligation (USO). cross-border markets. cooling cabinet of the natural hand-in-hand with innovations tainable consumption; econom-
These USO include – main- National Innovation Founda- refrigerator made out of clay in the formal sector. Some ben- ically empowering the indigent
taining supplies of Motor Spirit tion (NIF) – India, an autonomous which operates on the principle efits that are expected to accrue community; working towards
(MS) and High Speed Diesel body of the Department of Sci- of evaporative cooling. These to the innovation are – facilitation green and cool earth, economic
(HSD) throughout the specified ence and Technology (DST), cabinets maybe used to store of trade and commerce, im- development and employment
working hours and of specified Government of India, put forward perishable foodstuff without the provement of processes and generation; and contributing to-
quality and quantity; making this idea at the Innovations need of electricity. It provides a making them more efficient, wards rural women upliftment
available minimum facilities as Scholars In-residence Pro- natural coldness to foodstuffs guidance in consistent function- and making them financially in-
specified by the Central govern- gramme held at Rashtrapati so that they remain fresh without ing and quality, simplifying com- dependent. These achievements
ment; maintaining minimum in- Bhawan. BIS took cognizance deteriorating their quality. parison of products and servic- will receive a boost with the
ventory levels of MS and HSD of this innovative technology and The standard helps in the es, promoting further techno- new standard.
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FIRST PRIORITY
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4 assignments abroad times, Mumbai, wednesday, august 03, 2022
Indian Attractions
A special section of Assignments Abroad Times WEDNESDAY, AUGUST 03, 2022 ASSIGNMENTS ABROAD TIMES, MUMBAI 5
e
AAT News Service fectively used in remote rural ar- and appreciate) were issued to school closure and beyond have clusive and equitable quality ed- ments, an additional iCt lab can Content and digital resources,
eas where online classes are the states/uts to facilitate con- also been released in 2021. ucation at all levels of school ed- also be considered. charges for electricity) for maxi-
DuCatiOn is in the difficult, said Ms Devi. tinued education through vari- Besides, the ministry has un- ucation, said the minister. Option II – under this op- mum two smart classrooms per
C
AAT News Service do this is to imagine different there are some things you and many people are sensitive side-by-side with your col- ever discuss details about your close your career aspirations
scenarios and come up with should avoid discussing at work about it. there is no need to be leagues, having conversations sex life. there is entirely no with your colleagues. there may
Treat yourself as a brand and work around to build a strong and positive brand recall
ing up your mistakes etc. We co-workers to resent you.
will provide you some more sug-
gestions on this topic in this Focus on your attire
second part of the article.
Building an image of yourself if there is a dress code for your
is very critical. You must have organisation, make sure you al-
to treat yourself as a brand. ways follow that. today, most
When you think of a brand like companies allow their employ-
Olay, there are a few positive ees to wear any dress they like.
things that come to your mind. But this does not mean that
Similarly, when you talk about you can be too casual at work.
a person like Virat Kohli, there if you wear too casual stuff you
are a few things that you con- could be considered as a care-
sider about him. Such impres- less person. if you’re allowed
sions are created in your mind to wear jeans and t-shirts, make
through the behaviour of the sure they’re in good condition.
person while he/she is at work Your shoes should be in good
or outside. shape as well. You usually can’t
So we would advise that go wrong if you follow your
you consider yourself as a boss’s lead when choosing your
brand. and to enhance your work attire.
brand image, you have to be-
have in a certain way which will Respect your colleagues
become part of you and the
opinion of other people about When you are looking for re-
you will depend largely on this. spect from others, you have to
first give the same respect to
Be a crisis solver them. When co-workers respect
one another they usually get
Crises happen at work. So when along better. avoid acting in an
an unexpected crisis happens Be politically correct to do your job. awkwardness in everyone worships the same may have an intensely un- can cause your co-workers to uncivil manner toward any of
at work, who will make a better the workplace can affect its way. favourable opinion of the oppo- feel uneasy around you. Further, your co-workers. Be on time to
impression on the boss: the per- this is very important. Bosses functioning and ultimately the another no-go area should sition, do not try to win your co- it can lead to complications like work, especially if you are re-
son who panics or the one who tend to like it when their work- employer’s bottom line. nobody be politics. almost everyone workers over to your side. it sexual harassment complaints. lieving someone from their shift.
springs into action to fix the places are calm. Who can blame wants to be the cause of that. these days seems to be charged will be a futile effort that will Such talks could be interpreted Don’t ever take credit for another
problem? So if you can be the them? When employees work never bring religion into your up on their political beliefs. Pol- merely cause hard feelings be- to mean things that you never person’s work. always share
second person who can be together harmoniously, they can conversations. While religion itics can cause tempers to flare tween you and them. intended, and therefore you the workload. apologise if you
counted on to fix problems, we focus on their jobs. So avoid seems to be discussed every- and has ended relationships, could be reported to the Hr ever manage to offend your co-
tell you, you have arrived. starting conversations about top- where these days, it is a topic even between close friends and Never discuss your personal department. also, never discuss worker. With these tips, we are
So here are some ways to ics that make people uncom- best avoided in conversations family. given the amount of time life with colleagues your family problems with your sure you will be able to make a
deal with workplace crises quick- fortable and could even lead to with colleagues and bosses. you spend at work, and the colleagues. great impression and build a
ly and effectively. One way to arguments. One’s faith is a personal thing, need to get along and work this is very important. Don’t You should also never dis- positive brand for yourself.
®
6 MUMBAI, WEDNESDAY, AUGUST 03, 2022
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thematic trips to India by expos-
ing tourists to yoga, music, 22 stands at $43.93 billion –
dance, and architecture. India HE bilateral trade between Bahrain $0.90 billion; Kuwait
is a must-visit experiential trans- India and GCC grew from $1.24 billion; Oman $3.15 billion;
formative destination”. $87.35 billion in FY 2020-21 to Qatar $1.84 billion; Saudi Arabia
an update on Indian tourism, it Prime Minister Narendra Modi’s cination has allowed for tourism The virtual roadshow was a $154.66 billion in FY 2021-22, $8.76 billion; and the UAE $28.04
is also an initiative to rediscover slogan ‘Chalo India’ and invited recovery at a faster pace than signal of the continuing efforts registering an increase of 77.06 billion, added Ms Patel.
old ties and explore new oppor- five non-Indian friends to visit was predicted by global thought of the Ministry of Tourism to per cent on a year-on-year ba-
Readers are advised to make ap-
tunities for the future. India. “The diaspora should talk leaders, like the UN World encourage bilateral tourism by sis. Since FY 2017-18, on a propriate enquiries before entering
Recently, India displayed its about India’s diverse tourism of- Tourism Organisation and World recognising the issues, chal- compounded annual growth rate into any commitment or making
diverse and unique tourism prod- ferings in their daily workplace Travel and Tourism Council. In- lenges, and opportunities be- basis, bilateral trade between In- payments in relation to any adver-
ucts at the Italy edition of the and interactions. India is a tourist dia is one of the only countries tween India and its top 20 dia and the GCC has grown by tisement published in this paper.
‘Incredible India Reconnect destination that offers the most in the world to have a dedicated source markets, sowing seeds 10.57 per cent, said Anupriya Assignments Abroad Times shall
2022’ virtual roadshow. Sharing economical and the most luxu- ministry and action plan towards for new ideas and relationships Patel, Union Minister of State for not be held responsible for any con-
Fashion Corner
Neena Malhotra, Ambassador of the 170 declared tourist des- added Mr Rao. tourism. India’s total exports to the Publisher
I
AAT News Service the league of countries like the with a global market and global local productivity for global wel- cost competitive not only in India,
US, UK and Singapore who are supply chain. GIFT City is an fare,” said the PM. but also in comparison to coun-
N the year 2008, when the giving direction to global finance. important gateway to get con- India’s strength goes beyond tries like Dubai and Singapore.
world was facing an eco- GIFT City is not just for business, nected with India as well as giving good returns to investors. GIFT City was envisaged as
nomic crisis and recession, but the aspirations of the com- global opportunities. When you At a time when global supply an integrated hub for financial
there was an atmosphere of pol- mon man of the country are part get integrated with the City, you chains are plagued with uncer- and technology services not just
icy paralysis in India. But, at that of the vision of GIFT City. get integrated with the entire tainty and the world is appre- for India, but for the world. IFSCA
time Gujarat was taking new GIFT City is making a strong world. India is one of the largest hensive of this uncertainty, India is the unified regulator for the
and big steps in the field of fin- mark as a hub of commerce economies of the world. So in is assuring the world of quality development and regulation of
tech, and that idea has pro- and technology. Through GIFT future, when our economy will products and services. Today in financial products, financial serv-
gressed so far today, said the City, India is moving ahead with be bigger than it is today, we the 21st Century, finance and ices and financial institutions in
Prime Minister, Narendra Modi. IFSCs in India. The building has
Laying the foundation stone been conceptualised as an iconic
of the International Financial structure, reflective of the grow-
Services Centres Authority (IF- ing prominence and stature of
SCA) headquarters in GIFT (Gu- GIFT-IFSC as a leading inter-
jarat International Finance Tec) national financial centre.
City, Gujarat, Prime Minister IIBX will facilitate efficient
Narendra Modi said, “we have price discovery with the assur-
to remember that a vibrant fin- ance of responsible sourcing
tech sector does not mean just and quality, apart from giving
an easier business climate, re- impetus to the financialisation
forms and regulations. It is also of gold in India. It will empower
a medium to give a better life India to gain its rightful place in
and new opportunities to the the global bullion market and
professionals working in different serve the global value chain with
fields”. integrity and quality. IIBX also
Launching the India Interna- reinforces the commitment of
tional Bullion Exchange (IIBX), the Central government towards
India’s first international bullion enabling India to be able to in-
exchange in GIFT-IFSC and the fluence global bullion prices as
National Stock Exchange (NSE) a principal consumer.
IFSC-SGX (Singapore Ex- NSE IFSC-SGX Connect is
change) Connect, Mr Modi said a framework between NSE’s
today it is very significant for subsidiary in the GIFT IFSC and
the growing economic and tech- SGX. Under Connect, all orders
nological strength of India and on Nifty derivatives placed by
also for the growing global con- members of SGX will be routed
fidence in the prowess of India. to and matched on the NSE-
As grand as this building is in a strong stake in the service have to be ready for it now. For technology are linked to each IFSC order matching and trading
its architecture, the IFSCA head- sector globally. GIFT City is a this, we need institutions that other. And when it comes to platform. Broker-dealers from
quarters will also create unlimited venue where wealth creation is can cater to our present and fu- technology, science and soft- India and across international
opportunities to make India an happening and the best brains ture role in the global economy. ware, India also has an edge as jurisdictions are expected to par-
economic superpower. of the world are congregating “The IIBX is a crucial step in well as experience too. ticipate in large numbers for
The Centre will promote in- and learning. In a way, it is also that direction. India’s identity The IFSCA should work for trading derivatives through Con-
novation and will be an enabler a medium of reclaiming India’s should not remain limited to just financial innovations in aircraft nect. It will deepen liquidity in
as well as a catalyst for growth. glory in finance and business, a big market, but it should be a leasing, ship financing, carbon derivative markets at GIFT IFSC,
Institutions and platforms will said the Prime Minister. ‘market maker’. On one hand, trading, digital currency, and IP bringing in more international
help 130 crore Indians to get “In New India, integration is we are bringing in global capital rights to investment manage- participants and creating a pos-
connected with the modern glob- one of the most significant agen- for local welfare and on the other ment. The Authority should also itive impact on the financial
al economy. India is now entering da. We are rapidly integrating hand, we are also harnessing make regulation and operation ecosystem in the GIFT IFSC.
Printed by Dr. N.R.K. Pillai, CMD and published by him on behalf of Aishwarya Publications Pvt. Ltd. and printed at M/s. Dangat Media Pvt. Ltd., 22, Digha, MIDC, TTC Industrial Area, Vishnu Nagar, Digha, Navi Mumbai-400 708 and published from 302, Eruchshaw Building, 3rd Floor, 249 Dr. D.N. Road, Fort, Mumbai 400 001. Editor: Dr. N.R.K. Pillai.