Gujarat International Finance Tec-City Company Limited (GIFTCL) and Infrastructure Leasing and Financial Services Limited (IL&FS) today signed a Memorandum of Understanding (MoU) with Cisco for the Gujarat International Finance Tec-City (GIFT) project in presence of Shri Narendra Modi, Chief Minister of Gujarat.
Shri Narendra Modi, Chief Minister of Gujarat, speaking on the occasion, said, “GIFT is an ardent reflection of our commitment to building world class institutions and infrastructure to make Gujarat an ideal business destination not only for Indian companies but also for leading international players. A grand project like GIFT is truly a gift for people of Gujarat and India as the benefits will transcend to people across the social strata. The partnership between GIFT and Cisco, a leading global IT player, is a step in the right direction”.
Under the MoU, Cisco will collaborate with GIFTCL in achieving GIFT's vision of becoming a world class financial services centre, with infrastructure and facilities benchmarked to global standards.
The State of Gujarat has emerged as the fastest growing region in the country. In addition to housing one of the largest manufacturing bases in India, Gujarat also accounts for a disproportionately large share of the investor and entrepreneurial population in the country. Recognizing the potential of the State as a centre for the financial services industry, the Government of Gujarat formulated GIFT as a mega project to realize this vision. Thus, land (initially 550 acre) between the commercial capital of the State, Ahmedabad, and the Administrative Capital of the State, Gandhinagar, has been allotted for the development of a Central Finance and Business District (CFBD).
GIFT is conceptualized as a global financial and IT services hub, a first of its kind in India, designed to be at or above par with globally benchmarked financial centers. GIFT aspires to catalyse India's large financial services potential by offering to global and local financial services firms world-class infrastructure to tap the opportunity and best-in-class quality of life to attract top talent in the country.
GIFT promises to be a Central Business Hub, not just for India but also for the rest of the world. The city is designed to provide next level infrastructure, services and platforms backed by State-of-the art Information and Communication Technology (ICT), Secured and Resilient Data Centres benchmarked to Tier IV standards, Integrated and intelligent townships with high tech City Services management.
Cisco is the worldwide leader in networking for the Internet and Internet Protocol (IP) based networking solutions and is pioneer of the concept of Smart+Connected community practice (also known as Intelligent Urbanisation). Cisco will bring together a portfolio of products, services, partners, platforms, solutions and make appropriate investments. Cisco will utilize its deep industry knowledge in working together with GIFT for establishing a world class city.
The parties will jointly market, develop, implement and explore financing options of the GIFT Project. A joint task force will be constituted to work out legal, technical and financial aspects of this cooperation.
Wim Elfrink, Chief Globalisation Officer and Executive Vice President, Cisco Services said: “Rapidly expanding infrastructure demands on growing towns and cities is putting increasing pressure on governments and communities. We believe that cities which are run on information will transform the quality of life for citizens, drive economic growth and improve city services and management. Cities like GIFT, that use the network to accelerate and multiply their infrastructure investments will be those who not only survive challenges but thrive and lead into the future. We are honored to join hands with the government of Gujarat and IL&FS to help build this city of tomorrow.”
Speaking on the occasion Mr. Sudhir Mankad, Chairman – GIFTCL said, “GIFT will be developed as an intelligent city, which will transform the quality of life, and offer financial services enterprises a significant competitive advantage to operate regionally and globally. We are looking to work closely with Cisco, in developing a world-class financial services centre. We are delighted to partner with a world technology leader like Cisco in this important initiative.”
Mr. Hari Sankaran, Managing Director - IL&FS, addressing the gathering said, “GIFT, inspired by the worlds' leading financial hubs, will provide the best in technology and infrastructure facilities, rivaling the biggest centers of commerce in the world. As a pioneer in the Public Private Partnership domain, IL&FS is indeed privileged to partner with the Government of Gujarat in creating a world class financial hub that asserts India's steady rise as an economic power house.”
I assure every woman of this nation that every obstacle in the path of women’s reservation will be removed: PM Modi
April 18, 2026
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Women may forget everything, but will never forget insult to their pride: PM
Those parties that have opposed the Nari Shakti Vandan Adhiniyam Amendment in Parliament are taking women's power for granted: PM
Nari Shakti Vandan Adhiniyam Amendment was a 'Mahayagya' to empower women of the 21st century : PM
One major reason for opposition to Nari Shakti Vandan Adhiniyam by dynastic parties is their fear : PM
The blessings of the country's 100 percent Nari Shakti are with us: PM
We will remove every obstacle coming in the way of women's reservation: PM
Snatching away women's rights, these people were thumping the tables ; That was an assault on the dignity of women, on their self-respect: PM
For opposing women’s reservation, the opposition will be punished for the sin they have committed: PM
Today I have come to speak on a very important subject, especially to the mothers, sisters, and daughters of the country! Today every citizen of India is watching how the flight of women power has been stopped. Their dreams have been ruthlessly crushed. Despite our utmost efforts, we could not succeed, the amendment to the Nari Shakti Vandan Act could not be passed! And for this, I seek forgiveness from all the mothers and sisters.
Friends,
For us, national interest is paramount, but when for some people party interest becomes everything, when party interest becomes bigger than national interest, then women power and national interest have to bear the consequences. This time too, the same has happened. The selfish politics of parties like Congress, DMK, TMC, and Samajwadi Party has harmed the women power of the country.
Friends,
Yesterday, the eyes of crores of women in the country were on Parliament, the women power of the nation was watching. I too felt very sad to see that when this proposal in favor of women fell, parties like Congress, DMK, TMC, and SP, family-oriented parties, were clapping with joy. By snatching away the rights of women, they were thumping the tables. What they did was not just thumping on the tables, it was a blow to the self-respect and dignity of women. And women forget everything, but they never forget their insult. Therefore, the pain of the behavior of Congress and its allies in Parliament will always remain in the hearts of women. Whenever the women of the country see these leaders in their areas, they will remember that it was these very people who celebrated in Parliament when women’s reservation was stopped, they rejoiced. To those parties who opposed the Nari Shakti Vandan amendment in Parliament yesterday, I will say clearly: these people are taking women power for granted. They are forgetting that the women of the 21st century are watching every event in the country, they are sensing their intentions, and they have fully understood the truth. Therefore, for opposing women’s reservation, the sin committed by the opposition will surely bring punishment to them. These parties have also insulted the sentiments of the framers of the Constitution, and they will not escape the punishment from the people either.
Friends,
The Nari Shakti Vandan amendment was not about taking anything away from anyone. The Nari Shakti Vandan amendment was about giving something to everyone, it was an amendment to give. It was about giving women the right that has been pending for 40 years, from the 2029 Lok Sabha elections onwards.
The Nari Shakti Vandan amendment was a great effort to give new opportunities, new flight, and to remove obstacles from the path of the women of 21st century India. It was a sacred effort made with clear intent and honesty to give rights to 50% of the country’s population. It was an effort to make women co-travelers in India’s journey of development and to include everyone. The Nari Shakti Vandan amendment is the demand of the time. The Nari Shakti Vandan amendment was an effort to equally increase the strength of every state, North, South, East, West. It was an effort to give more strength to the voice of every state in Parliament. Whether the state is small or big, whether the population is less or more, it was an effort to increase everyone’s strength in equal proportion. But this honest effort has been subjected to foeticide in Parliament by Congress and its allies, foeticide. Congress, TMC, Samajwadi Party, DMK—these parties are guilty of this foeticide. They are criminals against the Constitution of the country, they are criminals against the women power of the country.
Friends,
Congress hates the subject of women’s reservation, it has always conspired to stop women’s reservation. Every time efforts were made in this direction, Congress obstructed them. This time too, Congress and its allies relied on one falsehood after another to stop women’s reservation. Sometimes about numbers, sometimes in other ways, Congress and its allies tried to mislead the country. By doing so, these parties have revealed their true face before the women power of India. They have removed their mask.
Friends,
Personally, I had hoped that Congress would correct its decades-old mistake. Congress would repent for its sins. But Congress lost the opportunity to create history, to stand in favor of women. Congress has already lost its existence in most parts of the country. Congress is surviving like a parasite, riding on the back of regional parties. But Congress does not even want regional parties to grow stronger, so Congress conspired politically to push the future of many regional parties into darkness by making them oppose this amendment.
Friends,
Congress, Samajwadi Party, DMK, TMC, and other parties have, for so many years, every time created the same excuses, the same false arguments, always inserting some technical snag, and they have looted the rights of women. The country has understood this ugly pattern of politics, and it has also understood the reason behind it.
Brothers and sisters,
One big reason for the opposition to the Nari Shakti Vandan Act is the fear of these family-oriented parties. They fear that if women become empowered, then the leadership of these family-oriented parties will be in danger. They will never want women outside their families to move forward. Today, in Panchayats and local bodies, thousands and millions of women have proven their capability. When they want to move forward into Lok Sabha and Legislative Assemblies, when they want to serve the country, these family-oriented parties feel insecure. After delimitation, there will be many more seats for women, women’s stature will increase, and that is why these people opposed the Nari Shakti Vandan amendment. The women power of the country will never forgive Congress and its allies for this sin.
My dear countrymen,
Congress and its allied parties are continuously, continuously lying about delimitation. They want to ignite the fire of division under this pretext. Because “divide and rule” politics is something Congress inherited from the British. And Congress is still running on that same path today. Congress has always fueled sentiments that create rifts in the country. Therefore, this lie was spread that delimitation would harm some states! Whereas the government has made it clear from the very first day that neither the proportion of participation of any state will change, nor will anyone’s representation be reduced. In fact, the seats of all states will increase in equal proportion. Yet Congress, DMK, TMC, and Samajwadi Party were not ready to accept this.
Friends,
This amendment bill was an opportunity for all parties and all states. If this bill had passed, Tamil Nadu, Bengal, Uttar Pradesh, Kerala, every state’s seats would have increased. But because of their selfish politics, these parties betrayed even the people of their own states. For example, DMK had the chance to make more Tamil people MPs and MLAs, to strengthen Tamil Nadu’s voice! But it lost that chance. TMC also had the chance to advance the people of Bengal. But TMC too lost that chance. Samajwadi Party had the chance to reduce the stain of its anti-women image. But SP missed it too. SP has already forgotten Lohia ji. By opposing the Nari Shakti Vandan amendment, SP trampled all of Lohia ji’s dreams underfoot. SP is anti-women reservation, and the women of UP and the country will never forget this.
Friends,
By opposing women’s reservation, Congress has once again proved one thing. Congress is an anti-reform party. For a developed India in the 21st century, whatever decisions, whatever reforms are necessary, whatever decisions the country takes, Congress opposes them, rejects them, obstructs them. This is the history of Congress and this is Congress’s negative politics.
Friends,
This is the same Congress that opposed the trinity of Jan Dhan–Aadhaar–Mobile. Congress opposed digital payments. Congress opposed GST. Congress opposed reservation for the poor in the general category. Congress opposed the law against triple talaq. Congress opposed the removal of Article 370. Our Constitution, our courts, have said that the Uniform Civil Code, UCC, is necessary, but Congress opposes that too. At the very mention of reform, Congress runs with placards of protest. Any work that strengthens the country, Congress puts all its strength into creating obstacles in it. Congress opposes One Nation One Election. Congress opposes driving out infiltrators from the country. Congress opposes purification of the voter list, SIR. Congress opposes reforms in the Waqf Board.
Friends,
Congress even opposed the CAA law that gave security to refugees. By lying and spreading rumors, it created a storm in the country. Congress obstructs the country’s efforts to end Maoist–Naxalite violence. Congress has had only one pattern: whenever a reform comes, lie, spread confusion. History is witness, Congress has always chosen this negative path.
Friends,
Whatever decision is necessary for the country, Congress sweeps it under the carpet. Because of this attitude of Congress, India has not reached the heights of development it deserves. At the time of independence, many other countries were freed along with us. Most of those countries went far ahead of us, and the reason was that Congress kept blocking every reform. Delay, diversion, obstruction—this was Congress’s principle, this was Congress’s work culture. Congress delayed border disputes with neighboring countries. Congress delayed water-sharing disputes with Pakistan. Congress delayed the decision on OBC reservation for 40 years. Congress delayed One Rank One Pension for soldiers for 40 years.
Friends,
This attitude of Congress has always caused great harm to the country. The nation has suffered from every opposition, every indecision, every deceit of Congress. Generations of the country have suffered. Today, all the major challenges before the country have arisen from this attitude of Congress. Therefore, this fight is not just about one law, this fight is against Congress’s anti-reform mentality, which is filled only with negativity. And I have no doubt that the women and daughters of the country will give a strong reply to this mentality of Congress.
Friends,
Some people are calling the breaking of the dreams of the women of the country a failure of the government. But this subject was never about success or failure, never about credit. I had said in Parliament too: let half the population get their rights, I will give the credit to the opposition by publishing advertisements with all their photos. But those who look at women with outdated thinking still stuck to their lies, remained firm!
Friends,
The fight to give women power participation has been going on for decades. For years, I too have been among those making efforts for it. So many women have raised this subject before me. So many sisters have written letters to me explaining everything. My country’s mothers, sisters, daughters—I know you are all sad today. I too share in your sorrow. Today, even though we did not get the required 66 percent votes to pass the bill, I know that 100 percent of the women power of the country has blessed us. I assure every woman of the country: we will remove every obstacle in the path of women’s reservation. Our courage is high, our determination unbreakable, and our resolve unwavering. The parties opposing women’s reservation will never be able to stop the women power of this country from increasing their participation in Parliament and Legislative Assemblies. It is only a matter of time. The BJP–NDA’s resolve for the empowerment of women power is intact. Yesterday we did not have the numbers, but that does not mean we lost. Our inner strength is invincible. Our effort will not stop, our effort will not pause. We will have more opportunities ahead. For the dreams of half the population, for the future of the country, we must fulfill this resolve. Thank you all very much.
