The Wine and Dine Initiative | Gujarat's Liquor Paradigm Shift | Embracing Change in GIFT City
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The 'Wine and Dine' Initiative | Gujarat's Liquor Paradigm Shift | Embracing Change in GIFT City The Wine and Dine Initiative | Gujarat's Liquor Paradigm Shift | Embracing Change in GIFT City Introduction : A Historic Departure : Gujarat, a dry state since its inception in 1960, is set for a groundbreaking change as it welcomes the consumption of liquor within the Gujarat International Finance Tec-City (GIFT). This decision, a radical shift from stringent alcohol bans, marks a pivotal step in shaping GIFT into a futuristic hub for financial services and technology. GIFT City's Evolution : GIFT, renowned for its tax-neutral status, now aims to rival global financial centers like Singapore. By offering fiscal incentives and a flexible regulatory environment, it seeks to attract top-tier companies and emerge as a beacon of innovation and sustainability. The 'Wine and Dine' Initiative : The Narcotics and Excise Department's announcement signals a signi...