As India celebrated the 75th Independence Day August 15 in 2022, Prime Minister Narendra Modi’s call for “Har Ghar Tiranga” was widely adopted by the countrymen. With great sprite organizations, businesses and individuals showed tremendous support and efforts towards this campaign.
The International Financial Services Centres Authority (IFSCA) implemented the “Har Ghar Tiranga” campaign under the aegis of ‘Azadi Ka Amrit Mahotsav’ which is an initiative of the Government of India to celebrate and commemorate 75 years of India’s Independence. This initiative by the Government of India aims to bring focus on our freedom struggle and on milestones that we have achieved as a nation.
IFSCA organized a 2 KM walkathon from GIFT SEZ north gate to Pragya tower on 12.08.2022 where many of the IFSCA’s employees and participants from regulated entities namely IIBX, NSE, IINX, IBU’s and ancillary service providers at GIFT IFSC had participated.
Many activities such as drama, mono acting, extempore, quiz competition, poetry recitation, art gallery on themes of “patriotism”,Short film on “Freedom Struggle” and “Commemorating 75 years of Independence” were organized by IFSCA to bring awareness among employees between 13-15 Aug 2022. Not only this in order to encourage more and more people to participate in “Har Ghar Tiranga ” campaign, IFSCA created Selfie Point at the front lobby of its office and everyone was encouraged to take a selfie and upload it on the website harghartiranga.com.
A Flag Hoisting Ceremony was conducted on 15th August 2022 at IFSCA office, which was also attended by family members of IFSCA staff. Awareness was also created regarding the “Har Ghar Tiranga” campaign through the IFSCA website and Official Social media handles
The International Financial Services Centres Authority (IFSCA) was established on April 27, 2020 under the International Financial Services Centres Authority Act, 2019. It is headquartered at GIFT City, Gandhinagar in Gujarat.
Role of IFSCA
The IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC) in India. At present, the GIFT IFSC is the maiden international financial services centre in India. Prior to the establishment of IFSCA, the domestic financial regulators, namely, RBI, SEBI, PFRDA and IRDAI regulated the business in IFSC.
As the dynamic nature of business in the IFSCs requires a high degree of inter-regulatory coordination within the financial sector, the IFSCA has been established as a unified regulator with a holistic vision in order to promote ease of doing business in IFSC and provide a world class regulatory environment. The main objective of the IFSCA is to develop a strong global connect and focus on the needs of the Indian economy as well as to serve as an international financial platform for the entire region and the global economy as a whole.
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The Official Press Release of the above event is available here