Mumbai, Nov. 22 -- The Maharashtra Congress alleged that the decision of moving the International Financial Services Centre (IFSC) to Gujarat's GIFT City from Mumbai's Bandra-Kurla Complex (BKC) has cost dear to Maharashtra as it resulted in the diversion of foreign direct investment (FDI) worth Rs.1.63 lakh crore to Gujarat in 2020-21. The Congress has alleged that opposition leader Devendra Fadnavis, during his stint as the Maharashtra chief minister, had lied to the state that there was a separate IFSC planned for Maharashtra.

BJP has rubbished the allegations and stated that the decision to relocate IFSC was taken during the second tenure of the Congress-led United Progressive Alliance (UPA) in the Centre.

Quoting the recent FDI fig...