{"id":7038,"date":"2025-10-10T09:53:19","date_gmt":"2025-10-10T09:53:19","guid":{"rendered":"https:\/\/theeaglenews.co.in\/?p=7038"},"modified":"2025-10-10T09:53:19","modified_gmt":"2025-10-10T09:53:19","slug":"pm-modi-showcases-indias-digital-leadership-at-global-fintech-fest-2025-in-mumbai","status":"publish","type":"post","link":"https:\/\/theeaglenews.co.in\/?p=7038","title":{"rendered":"PM Modi Showcases India\u2019s Digital Leadership at Global Fintech Fest 2025 in Mumbai."},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><h1><strong>PM Modi Showcases India\u2019s Digital Leadership at Global Fintech Fest 2025 in Mumbai.\u00a0<\/strong><\/h1>\n<h2><strong>Says India is Democratizing Technology for Global Good, Invites the World to Join in Building a People-Centric Fintech Future.\u00a0<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p><strong>Mumbai:<\/strong><\/p>\n<p>Prime Minister <strong>Narendra Modi<\/strong> addressed the <strong>Global Fintech Fest 2025<\/strong> in Mumbai today, delivering a visionary speech that showcased India&#8217;s transformation into one of the most technologically inclusive societies in the world. Welcoming global leaders, innovators, and fintech stakeholders, the Prime Minister emphasized that <strong>India&#8217;s digital journey is not just about progress\u2014but also about purpose, inclusion, and global partnership<\/strong>.<\/p>\n<p>Calling Mumbai the \u201c<strong>City of Energy, Enterprise, and Endless Possibilities<\/strong>\u201d, PM Modi warmly welcomed <strong>UK Prime Minister\u00a0 Keir Starmer<\/strong>, thanking him for attending the event and reinforcing the India\u2013UK partnership in fintech and innovation.<\/p>\n<hr \/>\n<h3><strong>India: A Global Leader in Democratic Digital Transformation<\/strong><\/h3>\n<p>The Prime Minister highlighted how <strong>India has made democratic spirit a cornerstone of its governance<\/strong>, particularly in the field of digital technology. Reflecting on the journey of the past decade, he stated:<\/p>\n<blockquote><p>&#8220;Today\u2019s India is among the most technologically inclusive societies in the world. We have democratized digital technology, making it accessible to every citizen and every region.&#8221;<\/p><\/blockquote>\n<p>He underscored how <strong>technology is no longer a luxury<\/strong>, but a <strong>means to ensure equality<\/strong>\u2014turning banking and digital payments from privileges into tools of empowerment. India&#8217;s model of public digital infrastructure, driven by government-backed platforms and private sector innovation, is now a globally recognized framework of good governance.<\/p>\n<hr \/>\n<h3><strong>India Stack: A Beacon of Hope for the Global South<\/strong><\/h3>\n<p>PM Modi described <strong>India Stack<\/strong>\u2014including <strong>UPI, Aadhaar-enabled services, DigiLocker, DigiYatra, BharatQR, GeM, and ONDC<\/strong>\u2014as key pillars of India\u2019s digital economy. He noted:<\/p>\n<blockquote><p>&#8220;India Stack is not just India\u2019s success story; it is a beacon of hope for the world, especially the Global South.&#8221;<\/p><\/blockquote>\n<p>Through platforms like <strong>MOSIP<\/strong>, India is helping over 25 countries build sovereign digital identity systems. \u201cThis is not digital aid, this is digital empowerment,\u201d he declared.<\/p>\n<p>The Prime Minister praised India\u2019s indigenous fintech ecosystem, whose Swadeshi solutions\u2014like interoperable QR codes and open commerce networks\u2014are now gaining global relevance. India is now among the <strong>top three most-funded fintech ecosystems<\/strong> globally.<\/p>\n<hr \/>\n<h3><strong>Empowering MSMEs and Citizens with Open Ecosystems<\/strong><\/h3>\n<p>PM Modi outlined key initiatives under the India Stack that are transforming access to markets and credit for small businesses:<\/p>\n<ul>\n<li><strong>ONDC (Open Network for Digital Commerce)<\/strong>: Boosting market access for shopkeepers and MSMEs<\/li>\n<li><strong>OCEN (Open Credit Enablement Network)<\/strong>: Simplifying credit access for small entrepreneurs<\/li>\n<li><strong>Digital Currency by RBI<\/strong>: Expected to further revolutionize India&#8217;s financial system<\/li>\n<\/ul>\n<p>He expressed confidence that these initiatives would help convert India\u2019s untapped potential into a powerful engine for economic growth.<\/p>\n<hr \/>\n<h3><strong>India\u2019s Ethical, Inclusive Approach to AI<\/strong><\/h3>\n<p>The Prime Minister elaborated on <strong>India\u2019s vision for Artificial Intelligence<\/strong>, built on three key pillars:<\/p>\n<ol>\n<li><strong>Equitable Access<\/strong><\/li>\n<li><strong>Population-Scale Skilling<\/strong><\/li>\n<li><strong>Responsible Deployment<\/strong><\/li>\n<\/ol>\n<p>Reiterating that <strong>&#8220;AI for us means All Inclusive,&#8221;<\/strong> he emphasized the need for AI models that are multilingual, accessible, and built for the diverse needs of every citizen\u2014including those using digital services for the first time.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-7040\" src=\"https:\/\/theeaglenews.co.in\/wp-content\/uploads\/2025\/10\/Screenshot_2025-10-10-15-20-53-384_com.facebook.katana-edit-1024x610.jpg\" alt=\"\" width=\"640\" height=\"381\" srcset=\"https:\/\/theeaglenews.co.in\/wp-content\/uploads\/2025\/10\/Screenshot_2025-10-10-15-20-53-384_com.facebook.katana-edit-1024x610.jpg 1024w, https:\/\/theeaglenews.co.in\/wp-content\/uploads\/2025\/10\/Screenshot_2025-10-10-15-20-53-384_com.facebook.katana-edit-300x179.jpg 300w, https:\/\/theeaglenews.co.in\/wp-content\/uploads\/2025\/10\/Screenshot_2025-10-10-15-20-53-384_com.facebook.katana-edit-768x457.jpg 768w, https:\/\/theeaglenews.co.in\/wp-content\/uploads\/2025\/10\/Screenshot_2025-10-10-15-20-53-384_com.facebook.katana-edit.jpg 1080w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>India is establishing AI skilling hubs, Centers of Excellence, and building high-performance computing capacity to support innovation. The <strong>India-AI Mission<\/strong> is also creating governance structures to manage data privacy and ethical deployment.<\/p>\n<hr \/>\n<h3><strong>India\u2013UK Collaboration in AI, Fintech and Finance<\/strong><\/h3>\n<p>PM Modi underlined the growing fintech and AI partnership between <strong>India and the United Kingdom<\/strong>, citing the UK\u2019s strength in global finance and India\u2019s scale and tech talent as a powerful combination. He announced:<\/p>\n<ul>\n<li>Strengthening of the <strong>UK\u2013India Fintech Corridor<\/strong><\/li>\n<li>Deeper links between <strong>start-ups, innovation hubs, and financial institutions<\/strong><\/li>\n<li>Enhanced cooperation between <strong>London Stock Exchange and GIFT City<\/strong><\/li>\n<\/ul>\n<p>He also welcomed UK investment in India\u2019s fintech ecosystem, calling for joint development and piloting of innovative solutions.<\/p>\n<hr \/>\n<h3><strong>Global Outlook: From AI Safety to AI Impact<\/strong><\/h3>\n<p>The Prime Minister highlighted India&#8217;s leadership in responsible AI by referencing the upcoming <strong>AI Impact Summit in India in 2026<\/strong>, which follows the AI Safety Summit held earlier in the UK.<\/p>\n<blockquote><p>\u201cWhile the conversation on AI safety started in the UK, the conversation on AI impact will now take place in India.\u201d<\/p><\/blockquote>\n<p>He positioned India as a global thought leader on <strong>ethical AI<\/strong> and <strong>digital public infrastructure<\/strong>, inviting global partners to co-create solutions that serve humanity.<\/p>\n<hr \/>\n<h3><strong>Call to Action: A Fintech Future for People and Planet<\/strong><\/h3>\n<p>Concluding his address, Prime Minister Modi extended an open invitation to global stakeholders to <strong>invest in and collaborate with India<\/strong>. He urged the fintech industry to aim not only for innovation and profitability, but also for <strong>inclusion, sustainability, and human progress<\/strong>.<\/p>\n<blockquote><p>\u201cLet us build a fintech world where technology enriches both people and the planet\u2026 where finance signifies not just numbers, but human progress.\u201d<\/p><\/blockquote>\n<p>The event was attended by UK Prime Minister<strong>\u00a0Keir Starmer<\/strong>, <strong>RBI Governor Sanjay Malhotra<\/strong>, industry leaders, fintech innovators, and representatives from over 50 countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PM Modi Showcases India\u2019s Digital Leadership at Global Fintech Fest 2025 in Mumbai.\u00a0 Says India is Democratizing Technology for Global Good, Invites the World to [&hellip;]<\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" data-url=https:\/\/theeaglenews.co.in\/?p=7038><\/div>\n","protected":false},"author":1,"featured_media":7039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,3],"tags":[],"class_list":["post-7038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india-news","category-latest-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - 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