GIFT City in Gujarat: Is Public Money Being Squandered for Private Gain?
Channel: NewsClickin
Date: 2018-09-07

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.