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Paranjoy Guha Thakurta

GIFT City in Gujarat: Is Public Money Being Squandered for Private Gain?

Publisher: NewsClickinDuration: 19:45Date published: September 7, 2018

Senior journalist Sucheta Dalal, managing editor of ‘MoneyLife’ talks to Paranjoy Guha Thakurta about the little-known scandal relating to the establishment of Gujarat International Finance Tec-City—GIFT City for short, a showpiece project of the Gujarat government. A public interest litigation (PIL) alleges that this Rs70,000-crore project has virtually been gifted away to the private sector partner, Infrastructure Leasing & Financial Services (IL&FS), leading to massive losses to the government and the people.

Date posted: September 8, 2018Last modified: September 8, 2018Posted byParanjoy Guha Thakurta