PM Modi at Global Fintech Fest 2025, Mumbai: India's AI approach rests on three principles
On 9 October 2025 at the Global Fintech Fest 2025 in Mumbai, PM Narendra Modi said India's AI approach rests on Equitable Access, Population-scale Skilling and Responsible Deployment, and called India Stack a beacon for the Global South.
Summary
On 9 October 2025 Prime Minister Narendra Modi addressed the sixth edition of the Global Fintech Fest (GFF) in Mumbai, with UK PM Keir Starmer and RBI Governor Sanjay Malhotra present. He said India has democratised digital technology, called India Stack — including UPI and Aadhaar — a beacon of hope for the Global South, and said India's approach to AI rests on three principles: Equitable Access, Population-scale Skilling and Responsible Deployment. He noted that the AI safety dialogue began in the UK and that the conversation on impact would take place at India's AI Impact Summit next year. GFF 2025's theme is 'Empowering Finance for a Better World – Powered by AI, Augmented Intelligence, Innovation, and Inclusion'; it expected over 100,000 participants from more than 75 countries, about 7,500 companies, 800 speakers and 70 regulators.
Key facts
- Event
- Global Fintech Fest 2025 (6th edition), Mumbai — 9 Oct 2025
- AI principles
- Equitable Access; Population-scale Skilling; Responsible Deployment
- Theme
- Empowering Finance for a Better World – Powered by AI, Augmented Intelligence, Innovation, and Inclusion
- Scale
- 100,000+ participants, 75+ countries, ~7,500 companies, 70 regulators
- Present
- UK PM Keir Starmer; RBI Governor Sanjay Malhotra
Practice MCQs 2 questions
According to PM Modi at the Global Fintech Fest 2025, India's approach to AI rests on which three principles?
Show answer
Correct answer: C — Equitable Access, Population-scale Skilling, Responsible Deployment
PIB: the PM said India's approach to AI is built on three key principles — Equitable Access, Population-scale Skilling and Responsible Deployment.
What was the central theme of the Global Fintech Fest 2025?
Show answer
Correct answer: C — Empowering Finance for a Better World – Powered by AI, Augmented Intelligence, Innovation, and Inclusion
PIB: GFF 2025's central theme is 'Empowering Finance for a Better World' – Powered by AI, Augmented Intelligence, Innovation, and Inclusion.