Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

PM inaugurates RAISE 2020, says India to become global hub for Artificial Intelligence

Modi

Prime Minister Narendra Modi yesterday inaugurated RAISE 2020, a Mega Virtual Summit on Artificial Intelligence (AI). He said that India will be the global hub for Artificial Intelligence (AI). The Prime Minister also said that the National Programme on AI will be used for solving the problems of society.

RAISE 2020 is a global congregation of minds for exchanging ideas and chart a course for using AI for social transformation, inclusion and empowerment in areas like Healthcare, Agriculture, Education and Smart Mobility, among other sectors.

Advertisementgreylabs

At the conclave, Prime Minister said that technology has transformed the workplaces and improved connectivity. He hoped the amalgamtion between social responsibility and AI would enrich AI with human touch. Teamwork of AI with humans can do wonders for our planet, he added.

During the virtual meeting, the Prime Minister stressed how Aadhaar, the world’s largest unique identity system along UPI has enabled access to digital services, such as financial services, like Direct Cash Transfers to the poor and marginalised. During the pandemic, it has enabled in reaching out to people with help, at the earliest and in the most efficient manner.

Advertisement24th Elets NBFC100 Tech Summit & Awards, Mumbai

The Prime Minister said that India is likely to become a global hub for Artificial Intelligence and hoped many more Indians would adapt to the technology in future.

AdvertisementInfoComm India 2026
AdvertisementElets BFSI AI Summit & Awards, Mumbai

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

Capri Global Capital Shares Surge 9% as Diversified Lending Strategy Gains Investor Attention

Shares of Capri Global Capital Ltd. surged 9 percent to an intraday high of ₹260.85 on Wednesday, extending… Read more →

BharatPe Set to Appoint Yugal Tiwari as Chief Product Officer

BharatPe is set to appoint Yugal Tiwari, former Senior Vice President – Product at Paytm, as its Chief… Read more →

Ketan Merchant’s Interim CEO Tenure at Fino Payments Bank Extended by Three Months

Ketan Merchant’s tenure as Interim Chief Executive Officer at Fino Payments Bank Ltd has been extended for another… Read more →

Bank of Baroda Launches UPI Global QR Payments for International Visitors in India

Bank of Baroda, India’s International Bank, has announced the launch of UPI Global Reverse Acceptance, enabling international tourists,… Read more →

InCred Capital Launches InCred Black to Target India’s UHNI and Family Office Wealth Segment

InCred Capital has launched InCred Black, a specialised wealth management platform designed for ultra-high-net-worth individuals (UHNIs), unicorn founders,… Read more →

Cashfree Payments Launches ‘Relay’, AI Super Agents to Automate End-to-End Payment Operations for SMBs

Cashfree Payments has launched Relay, an AI-powered “Super Agents” platform designed to automate end-to-end payment operations for small… Read more →