HomeNewsIndiaShiv Sena, Congress appear on same page on disapproving IFSCA move

Shiv Sena, Congress appear on same page on disapproving IFSCA move

Sena leader and Maharashtra Industries Minister Subhash Desai on Saturday said it was natural to have the IFSC in Mumbai, which is known globally for its "financial might".

May 02, 2020 / 19:32 IST
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The Shiv Sena has joined the Congress in disapproving the Centre's decision to set up the International Financial Services Centres Authority (IFSCA) in Gandhinagar.

Sena leader and Maharashtra Industries Minister Subhash Desai on Saturday said it was natural to have the IFSC in Mumbai, which is known globally for its "financial might".

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"It is natural to have IFSC in Mumbai. Just giving a name does not make a financial capital. The world knows Mumbai and its financial might," Desai tweeted.

"Mumbai has BSE, NSE, RBI, SEBI, headquarters of banks and financial companies,offices of top international companies and Mumbai is an International Financial Centre," he said.