Is India Now Among the Most Technologically Inclusive Societies in the World?
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Synopsis
Prime Minister Narendra Modi asserts that India has successfully democratized digital technology, making it accessible to all citizens. This transformation highlights India's commitment to inclusivity and equality in the digital age, significantly impacting governance and financial systems.
Key Takeaways
- India has successfully democratized digital technology.
- Digital inclusion empowers citizens across various backgrounds.
- The RBI's digital currency initiative enhances financial transactions.
- Mumbai is highlighted as a center for fintech innovation.
- India invites UK investors to join its growth journey.
Mumbai, Oct 9 (NationPress) Prime Minister Narendra Modi highlighted on Thursday that India has effectively democratised digital technology, ensuring it is available to every citizen across the nation.
Speaking at the Global Fintech Fest (GFF) 2025 in Mumbai, PM Modi stated that India is now counted among the most technologically inclusive societies globally.
“Over the last decade, India has made significant strides in the democratisation of technology. Today, we have demonstrated that technology serves not only as a convenience but also as a tool for equality,” he remarked, noting that digital inclusion has empowered individuals from various social and economic backgrounds.
Emphasising the Reserve Bank of India’s (RBI) digital currency initiative, PM Modi asserted that the central bank’s digital currency would enhance financial transactions and fortify India’s digital economy.
He pointed out that the implementation of digital public infrastructure (DPI) and fintech innovations has revolutionised governance and financial inclusion in the country.
Referring to Mumbai as a “city of energy, enterprise, and endless possibilities,” PM Modi acknowledged that India's fintech success stems from its spirit of innovation and inclusivity.
“We have ensured that technology reaches every citizen, from small villages to major cities, guaranteeing that no one is excluded from the digital revolution,” the Prime Minister emphasised.
PM Modi also welcomed the United Kingdom’s involvement as a partner country at the 'Global Fintech Fest 2025'.
“This collaboration between the two largest democratic nations will enhance the global financial landscape,” PM Modi stated, with UK Prime Minister Keir Starmer in attendance.
Earlier, while addressing the India-UK CEO Forum, PM Modi announced that India is opening its nuclear power sector to private investment.
“These developments have paved the way for new opportunities to elevate India-UK cooperation. We aspire for the UK to be India’s primary choice for finance and fintech,” he said, encouraging British investors to participate in India’s growth journey.
While recalling his previous visit to the 'Fintech Fest' ahead of the 2024 elections, PM Modi stated, “When I was here last, elections were looming, and I pledged to return for the next fest. It brings me joy to be back as India continues to lead in fintech innovation.”
Point of View
It is clear that India's advancements in technology are not just about innovation; they represent a significant step towards inclusivity and equality. The government's efforts to make digital tools available to all citizens play a crucial role in shaping a more equitable society.
NationPress
09/10/2025
Frequently Asked Questions
What is the significance of India's digital currency initiative?
The RBI's digital currency initiative aims to enhance financial transactions, making them more efficient and secure, thus strengthening India's digital economy.
How has India achieved technological inclusivity?
Through initiatives that democratize technology, India ensures that digital tools are accessible to citizens across various socio-economic backgrounds.
What impact does the Global Fintech Fest have on India's economy?
The Global Fintech Fest serves as a platform to showcase India's fintech innovations and foster international collaborations, which can lead to economic growth.
How does the partnership with the UK benefit India?
The partnership with the UK aims to enhance financial cooperation and innovation, positioning both countries for greater success in the global financial landscape.
Why is Mumbai referred to as a city of possibilities?
Mumbai's dynamic environment and entrepreneurial spirit make it a hub for innovation and opportunities, especially in the fintech sector.
