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If persecution and deprivation was on your mind, then why did you chant the mantra of Ma, mati, manush?: PM Modi to Mamata Banerjee
Didi, you can kick me. But I won' allow you to kick away the development of Bengal and people's dreams': PM Modi on TMC’s graffiti
Left, Congress and TMC have wasted a lot of time of your previous generations. I can't let your futures be ruined: PM Modi in Bankura
I call upon the first time voters to vote for the BJP and make the dream of Sonar Bangla come true, says PM Modi
Bengal farmers have been deprived of Rs 14,000 that was delivered to accounts of farmers all across India: PM Modi in Bengal

Ahead of West Bengal polls, PM Modi today addressed a public meeting in Bankura, West Bengal. Impressed by the huge turnout at the rally, the PM said, “The picture of Bankura today witness that people of Bengal have decided on May 2, 'Didi jacche Ashol Poriborton ashche, Ashol Poriborton ashche’. BJP will bring the Ashol Poriborton in Bengal - to increase the pride of Bengal. Ashol Poriborton - to bring a government in Bengal that serves the poor and remove their problems.”

Hitting out at Mamata Banerjee, PM Modi said, “The game of Corruption - Cholbe naa, the game of Syndicate - Cholbe naa and the game of cut money - Cholbe naa. If persecution and deprivation was on your mind, then why did you chant the mantra of Ma, mati, manush? After the BJP forms the government, maa'er pujo hobe, maatir tilak hobe aar manusher somman hobe.”

Taking a jibe at the TMC for his graffiti, PM Modi said, “I have seen graffiti humiliating me made by Didi's partymen on walls wherein she is hitting my head with her foot and playing football. Didi, you can kick me. But I won't allow you to kick away the development of Bengal and people's dreams.”

Addressing the massive gathering, the Prime Minister accused Mamata Didi for making hollow announcements in the last 10 years, he said, “Didi, you have only made empty promises in the last 10 years, where is the work you claim to have done? You keep saying 'Khela Hobe' while people of West Bengal have decided 'Khela Shesh Hobe'. Didi, the games of corruption, syndicate, cut-money will have to end.

Slamming the Left, Congress and the TMC for taking Bengal backwards, he asserted, “Congress, left and TMC are all to be blamed for development eluding Bengal. All there have wasted a lot of time of your previous generations. I can't let your futures be ruined. I call upon the first time voters to vote and make the dream of Sonar Bangla come true.”

PM Modi slammed TMC government for not doing enough to reach piped water to people. He said, “Jal Jeevan Mission, Ayushman Bharat and other central schemes will be taken up in priority once BJP government comes to power.” “Terracota art from Bankura-Bishnupur region can play a major role in the Aatmanirbhar Bharat dream,” he added.

Asserting that BJP works to schemes, TMC plays by scams, PM Modi stated, “All central schemes that were to be delivered through the state government have ended up in scams. Bengal farmers have been deprived of Rs 14,000 that was delivered to accounts of farmers all across India.”

The PM remarked, “The more I question Didi, the angrier she gets. Now she says that she doesn't like my face. Didi, in democracy, it is the public service & not the face which is put to test. Didi is already asking questions on EVM. It is the same EVM that kept her in power for 10 years. She is already witnessing her defeat in the upcoming elections.”

Urging the people of Bengal to vote, PM Modi said, “Every person in Bengal must exercise their power to vote without any fear. Ebar gorbo sonar Bangla, ebar aschhe BJP.”

 

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আমাদের ‘চলতা হ্যায়’ মানসিকতা ছেড়ে ‘বদল সাকতা হ্যায়’ চিন্তায় উদ্বুদ্ধ হতে হবে: প্রধানমন্ত্রী

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আমাদের ‘চলতা হ্যায়’ মানসিকতা ছেড়ে ‘বদল সাকতা হ্যায়’ চিন্তায় উদ্বুদ্ধ হতে হবে: প্রধানমন্ত্রী
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It is time to convert fintech initiatives into a fintech revolution: PM Modi
December 03, 2021
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“last year, in India, mobile payments exceeded ATM cash withdrawals for the first time”
“Transformational initiatives under Digital India have opened doors for innovative Fintech solutions to be applied in governance”
“Now it is time to convert these fintech initiatives into a fintech revolution. A revolution that helps to achieve financial empowerment of every single citizen of the country”
“Trust means that you need to ensure that the interests of people are secured. Fintech innovation will be incomplete without fintech security innovation”
“Our Digital Public Infrastructure solutions can improve the lives of citizens around the world”
“GIFT City is not merely a premise, it represents India. It represents India’s democratic values, demand, demography & diversity. It represents India’s openness to ideas, innovation & investment”
“Finance is the life blood of an economy and technology is its carrier . Both are equally important for achieving Antyodaya

Excellencies,

Distinguished colleagues,

My fellow citizens from the Tech and Finance world, Tens of thousands of Participants from over 70 countries,

Namaskar!

Friends,

I am delighted to inaugurate the first 'Infinity Forum' and welcome you all. 'Infinity Forum' represents the immense possibilities that Fintech has in India. It also shows the huge potential for India's Fintech to provide benefits to the entire world.

Friends,

The history of currency shows tremendous evolution. As humans evolved, so did the form of our transactions. From barter system to metals, from coins to notes, from cheques to cards, today we have reached here. Earlier developments used to take decades to spread across the world but not any more in this era of globalisation .Technology is bringing a big shift in the world of finance. Last year, in India, mobile payments exceeded ATM cash withdrawals for the first time. Fully digital banks, without any physical branch offices, are already a reality and may become common-place in less than a decade.

Friends,

India has proved to the world that it is second to none when it comes to adopting technology or innovating around it. Transformational initiatives under Digital India have opened doors for Fintech innovations to be applied in governance. Technology has also catalyzed financial inclusion. From less than 50% Indians having bank accounts in 2014, we have almost universalized it with 430 million Jan Dhan accounts in the last 7 years. So far, 690 million RuPay cards have been issued. RuPay cards clocked 1.3 billion transactions last year. UPI processed around 4.2 billion transactions in just last month.

Almost 300 million invoices are uploaded on the GST portal every month. More than 12 billion US dollars worth payment is done through the GST portal alone every month. Despite the pandemic, about 1.5 million railway tickets get booked online everyday. Last year, FASTag processed 1.3 billion seamless transactions. PM Svanidhi is enabling access to credit for small vendors across the country. e-RUPI has enabled targeted delivery of specified services without leakages; I can go on and on, but these are just a few examples of the scale & scope of Fintech in India.

Friends,

Financial inclusion is the driver of Fintech Revolution. Fintech is resting on 4 pillars; income, investments, insurance, and institutional credit. When income grows, investment becomes possible. Insurance coverage enables greater risk taking ability and investments. Institutional credit gives wings for expansion. And we have worked on each of these pillars. When all these factors come together, you suddenly find so many more people participating in the financial sector. The large base becomes the perfect springboard for Fintech innovations. Fintech industry in India is innovating to enhance access to finance and the formal credit system to every person in the country. Now it is time to convert these fintech initiatives into a fintech revolution. A revolution that helps to achieve financial empowerment of every single citizen of the country.

Friends,

As we see the widening reach of fintech, there are considerations that need attention. Fintech industry has achieved huge scale, and scale means people from all walks of life as customers. This fintech acceptability among the masses has a unique feature. That feature is trust. The common Indian has shown immense trust in our Fintech ecosystem by embracing digital payments and such technologies! This trust is a responsibility. Trust means that you need to ensure that the interests of people are secured. Fintech innovation will be incomplete without fintech security innovation.

Friends,

We believe in sharing our experiences and expertise with the world and learning from them as well. Our Digital Public Infrastructure solutions can improve the lives of people around the world. Tools like UPI and RuPay provide an unparalleled opportunity for every country. An opportunity to provide a low cost and reliable 'real time payment system' as well as a 'domestic card scheme' and 'fund remittance system'.

Friends,

GIFT City is not merely a premise, It represents the promise of India. It represents India's democratic values, demand, demography & diversity. It represents India's openness to ideas, innovation & investment. GIFT City is a gateway to the global fintech world. (IFSC) at GIFT City was born out of the vision that finance combined with technology would be an important part of India's future development. Our aim is to provide the best International Financial Services not just for India but for the World.

Friends,

Finance is the life blood of an economy and technology is its carrier. Both are equally important for achieving ''Antyodaya and Sarvodaya''. Our flagship Infinity Forum is part of our endeavor to bring together all key stakeholders of the global Fintech Industry to explore the limitless future of the industry. I remember the conversation I had with Mr Mike Bloomberg on this subject when we last met. And I thank the Bloomberg group for their support. Infinity forum is a forum of belief, belief in the spirit of innovation and the power of imagination. Belief in the energy of youth and their passion for change. Belief in making the world a better place. Let us together, explore and advance innovative ideas in Fintech to solve the most pressing issues emerging globally.

Thank You!