Hasmukh Adhia has been appointed as the chairman of Gujarat International Finance Tech City

• Hasmukh Adhia has been appointed as the chairman of GIFT City Limited.
• Hasmukh Adhia is a retired bureaucrat and former Union Finance Secretary and Revenue Secretary.
• Before Hasmukh Adhia, former Chief Secretary of Gujarat Sudhir Mankad was in the post of president.

GIFT City

• Gujarat International Finance Tec (GIFT) City is a central business district under construction in Gandhinagar district of Gujarat, India.
• It is India’s first operational Greenfield Smart City and International Financial Services Centre.
• GIFT City has been promoted as a greenfield project by the Government of Gujarat.
• GIFT City is divided into two zones: the International Financial Services Center (IFSC) and the Domestic Tariff Area (DTA).
• IFSC is designed for global financial institutions and international transactions.