IFSCA will become an enabler, support innovation: PM Modi

Jul 29, 2022

Gandhinagar (Gujarat), July 29 (ANI): Prime Minister Narendra Modi on July 29 in Gandhinagar, inaugurated the India International Bullion Exchange (IIBX), and said that India took some major steps in the field of Fintech during the global economic crisis and recession of 2008. “International Financial Services Centres Authority (IFSCA) will become an enabler, it will support innovation and also become a catalyst for growth opportunities,” the PM said. “In 2008, there was a global economic crisis and recession. There was an atmosphere of policy paralysis in India. But, at that time Gujarat was taking new and big steps in the field of Fintech. I'm glad that idea has progressed so far today,” he added.