Centre proposes to develop the Gujarat-based GIFT International Financial Services Centres (IFSC) as a 'Longevity Finance Hub' to cater to the investment and wealth management needs of the 'silver generation' comprising individuals aged 60 years and older.
As part of this initiative, the International Financial Services Centres Authority (IFSCA) has constituted an Expert Committee to recommend approach towards development of a Longevity Finance Hub and provide a road map for this end.