GIFT City Aims to Rival Global Hubs

GIFT City is like a brand new city in India designed to be a big financial center, similar to places like Dubai and Singapore.

It wants to attract banks and businesses from all over the world by offering nice buildings, easy rules, and tax breaks.

The project started with Prime Minister Modi's vision.

While it has modern infrastructure and growing banking assets, it's still growing.

There are some challenges as not many people live there, and the social amenities are limited.

But the city is building more homes, hotels, and parks, hoping to become a fully functioning city where people can both work and live comfortably.