For India, AI stands for All Inclusive: Prime Minister

Mumbai

AI means ‘All Inclusive’ for India, asserted Prime Minister Narendra Modi on Thursday whereas stressing that India Stack is a beacon of hope for the world, particularly for international locations within the Global South.

Addressing Global Fintech Fest 2025, Modi mentioned India’s strategy to AI is constructed on three key rules—Equitable Access, Population-scale Skilling, and Responsible Deployment.

Affirming that India has persistently supported the creation of a worldwide framework for moral AI, he mentioned that India’s expertise with digital public infrastructure and its studying repository could be invaluable for the world.

He emphasised that the trail India has adopted in digital public infrastructure is identical strategy it seeks to advance in AI and ‘For India, AI stands for All Inclusive’.

Emphasising that India’s power lies not simply in scale, however in integrating scale with inclusion, resilience, and sustainability, Modi highlighted the function of Artificial Intelligence (AI) in decreasing underwriting bias, detecting fraud in actual time, and enhancing varied providers.

To unlock this potential, he referred to as for joint funding in information, expertise, and governance.

Observing that AI could be the driving drive behind this transformation, he mentioned, “For this, AI applications must be designed with people at the centre.”

He burdened {that a} first-time digital finance consumer should have confidence that errors might be swiftly resolved.

This confidence, he mentioned, will additional strengthen digital inclusion and belief in monetary providers.

The Prime Minister emphasised that the UK’s analysis and world finance experience, mixed with India’s scale and expertise, can open new doorways of alternative for the world.

He introduced a renewed dedication to deepen connections between start-ups, establishments, and innovation hubs.

He mentioned that the UK-India Fintech Corridor will create alternatives to pilot and scale new start-ups, and likewise pave the best way for enhanced cooperation between the London Stock Exchange and GIFT City and this monetary integration between the 2 international locations will assist firms maximize the advantages of the free commerce settlement.

READ MORE: Tauqeer Raza breaks boundaries between politics, social work and enterprise

Pointing out that UPI alone facilitates 20 billion transactions each month, with a transaction worth exceeding twenty-five lakh crore rupees, Modi emphasised that out of each 100 real-time digital transactions globally, 50 happen in India alone.