banking services chronicle subscription Published this articles page no 159 The Government is also mindful of the need to increase the number of doing business in India and spurring investment. With this objective relaxation has been provided to the criteria for claiming exemption by the Sovereign Wealth Funds Pension Funds etc. The relaxation includes prohibitiorD on loans or borrowings restriction on commercial activities direct investment in entity owning infrastructure etc. so that more and more investment can come in. At the same time relaxation has also been given to expand the business activities in the Gujarat International Finance Tec (GIFT) City Ahmedabad. banking services chronicle subscription
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