At the Global Fintech Fest 2025 in Mumbai, Prime Minister Narendra Modi emphasized India’s commitment to establishing a global framework for ethical artificial intelligence (AI). He underscored that India’s approach goes beyond simply adopting technology, aiming to embed democratic values, fairness, and inclusion at the heart of AI development worldwide. This vision was highlighted during his address where he discussed the importance of AI in governance and how it can transform collaboration on a global scale. [Key Points]** Modi’s focus centered around three key principles for AI: equitable access, large-scale skilling, and responsible deployment. He detailed India’s AI Mission aimed at expanding high-performance computing, establishing skill hubs, and developing local AI models in all Indian languages. The Prime Minister stressed that AI should be people-centric and trusted by people, especially those new to digital finance. The goal is to create AI systems that are transparent, capable of identifying errors, and minimizing underwriting bias, real-time fraud detection, and ensuring high quality services in the banking, insurance, and payments industries. Modi proposed international collaboration on setting ethical rules for AI that make it safe, fair, and inclusive for all nations. India envisions a future where its digital experience can serve as a global model of ethical AI adoption for the benefit of humanity. [Key Ideas]