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PM Modi calls for ‘fintech revolution’ based on inclusiveness and trust

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PM Modi calls for ‘fintech revolution’ based on inclusiveness and trust

Prime Minister Narendra Modi called for a “financial technology revolution” on Friday to realize the financial empowerment of every citizen, saying that the country has made significant progress in this regard because of people’s trust in India’s digital ecosystem.

“Inclusive finance is the driving force of the fintech revolution,” Prime Minister Modi said, adding that fintech relies on the four pillars of income, investment, insurance and institutional credit.

He made the above remarks while speaking in a virtual manner at the InFinity Forum of the International Financial Services Center Authority (IFSCA) financial technology event.

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He said that when income grows, investment becomes possible, adding that insurance coverage can improve risk-bearing capacity and investment. Modi also said that institutional credit provides wings for expansion, and India has made efforts in each of these pillars.

The Prime Minister of India pointed out that the success of financial technology lies in its inclusiveness and common interests. “The huge foundation becomes the perfect springboard for fintech innovation. India’s fintech industry is innovating to increase everyone’s access to financing and a formal credit system in the country,” he said. “Now, it’s time to turn these fintech initiatives into a fintech revolution. A revolution that will help realize the financial empowerment of every citizen of the country,” Modi said.

He cited several initiatives his government has taken to empower people through financial technology. In the past seven years, India has almost universalized banking, with 430 million Jan Dhan accounts. He said that so far, 690 million RuPay cards have been issued, 1.3 billion transactions were completed last year, and the unified payment interface (UPI) developed in China has processed approximately 4.2 billion transactions last month. Companies upload nearly 300 million invoices on the Goods and Services Tax (GST) portal each month, involving more than $12 billion in payments.

“Despite the [Covid-19] pandemic, there are still about 1.5 million train tickets booked online every day. Last year, FASTag processed 1.3 billion seamless transactions. PM Svanidhi is providing credit to small suppliers across the country. e-RUPI Make targeted delivery of designated services possible without leakage. I can go on and on, these are just a few examples of the scale and scope of Indian fintech,” he said.

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“India has proven to the world that it is second to none when it comes to adopting technology or innovating around technology. Transformation under Digital India has opened the door to the application of fintech innovation to governance,” he said.

News Source : Hindustan Times

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Amitabh Bachchan: The Heartbreaking Anxiety of Bollywood’s Greatest Icon

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Amitabh Bachchan: Candid Self-Doubt Confession

Even after five decades of cinematic dominance, Amitabh Bachchan still faces the quiet terrors of the midnight hour. The man who epitomised alpha-masculinity for generations of moviegoers recently made an unexpected confession that shocked his millions of admirers. He continues to have restless nights, locked in a vicious circle of intense self-doubt and crushing work stress.

This revelation is a huge wake-up call for anyone who thinks of him as an invincible acting colossus. It demonstrates that the heavy weight of perfectionism never fully fades, no matter how much celebrity you achieve.



The Haunting Midnight Echoes of Perfectionism

Imagine being a living legend and lying awake at 3 a.m. wondering if your previous performance was a complete failure. Bachchan admitted that he always repeats his sequences in his memory, haunted by the terrible feeling that they “could have been done better.”

This tremendous emotional sensitivity reveals a side of the megastar that the public has rarely seen. Onscreen, we witness the towering demeanour, booming baritone voice, and perfect delivery. But, behind closed doors, he suffers from the same paralysing fear that ordinary people face on a daily basis in the workplace.

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Why the Deepest Passion Breeds Internal Chaos

You might ask why a man who has won every major film award is so concerned about delivering a single sentence. True genius is rarely characterised by serenity of mind. For Bachchan, acting is more than a job; it is a sacred, consuming fire that demands flawless excellence every time.

When you care so deeply about your craft, every creative endeavour feels like a high-stakes bet on your entire legacy. This tremendous artistic drive is a two-edged blade that produces amazing art while completely destroying your mental serenity.


The Heavy Price of an Enduring Legacy

Living under the microscope of the public eye for fifty years has a catastrophic psychological impact. Every move Amitabh Bachchan makes is immediately analysed, criticised, or worshipped by countless millions of people.

That amount of tremendous expectation establishes a distinct, invisible prison of performance anxiety. The dreadful anxiety of disappointing his big audience keeps his thoughts racing long after the cameras stop rolling. It turns out that the view from the very top of the mountain is extremely lonely and filled with perpetual emotional danger.

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Normalizing the Silent Struggle with Mental Health

Bachchan has done an incredible amount to raise worldwide mental health awareness by publicly exposing his personal struggles with work stress. He has effectively removed the heavy veil of shame that typically surrounds the topic of anxiety, particularly among older generations.

If the ultimate “Angry Young Man” of Indian cinema can freely acknowledge to feeling inadequate, then everyone else has the right to be human as well. It is a welcome reminder that being overburdened by your commitments does not imply weakness.


The Relentless Creative Hunger That Never Sleeps

Finally, this severe self-doubt is the secret fuel that drives Amitabh Bachchan to labour continuously at an age when most people have retired. It’s a curious paradox: his severe inner agony serves as the driving reason behind his legendary longevity.

He refuses to rest on his past accomplishments or rely on his immense celebrity to get by. Every sleepless night reveals a man with the raw, eager heart of a novice. He remains gloriously, devastatingly uneasy about his work, which is precisely what makes him an everlasting force in film.

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