PM Narendra Modi urged the fintech sector needs to work relentlessly on safety and reliability to uphold the trust of the people.
In a message for the Global Fintech Fest, Modi said the sector has been an example of the wonders that can be worked when a government that encourages innovation comes together with the energy of young and inventive minds. "Innovation for inclusion has been our mantra, leading to the revolution in public delivery ensured by the JAM Trinity, the success of UPI in making digital payments a way of life, and India's global rise in the fintech and startup space as a hub of innovation and investment.".
JAM Trinity refers to Jan Dhan-Aadhaar-Mobile. Prime Minister said from a largely unbanked population to a country that is not only surging towards saturation in banking access but also digitally equipped, it has been a phenomenal journey.