GIFT City in Gujarat: Is Public Money Being Squandered for Private Gain?

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. 
Interview with Sucheta Dalal
Interviewed by Paranjoy Guha Thakurta Produced by Newsclick Team,

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.