<h1>IFSCA Forms Committee to Boost Ship Financing and Leasing at GIFT IFSC, Aiming for Global Standards in Maritime Sector.</h1> The International Financial Services Centres Authority (IFSCA) has established a committee to explore global best practices in ship financing and leasing, aiming to position GIFT IFSC as an international hub for these activities. Chaired by a former Senior Economic Advisor, the committee includes government and industry representatives. India, despite its strategic location and extensive coastline, has not yet developed as a shipping hub. The committee will review existing frameworks, identify challenges, and recommend measures to align with international standards. Recommendations are expected within three months to enhance the regulatory environment for maritime stakeholders.