Prime Minister Narendra Modi on Thursday said while the world continues to debate over trust and safety in artificial intelligence (AI), India has already built a trust layer within it.Highlighting AI’s potential to transform various services, he stressed on the need to develop people-centric AI solutions.“Today in the world, there is a debate on trust and safety in AI, but India has already built a trust layer in this. India’s AI mission is capable of handling data and privacy,” Modi said during his speech at the Global Fintech Fest 2025. For India AI is ‘All Inclusive’, he said.He said that the country aims to develop AI platforms on which innovators can create inclusive applications.“In payments, our priority is speed and assurance. In credit, our focus is on approvals and affordability. In insurance, our targets are policies and timely claims. In investments, we want to be successful in access and transparency. AI can become power for this transformation. For this, AI applications should be people-centric,” he said.India’s approach in AI space is based on three main principles — equitable access, population-scale skilling and responsible deployment, he said.Knowledge Nugget | Sarvam and IndiaAI Mission: All you need to know for UPSC ExamModi said that during the last decade, India has democratized technology and it is the most technologically inclusive society. We have also democratized digital technology and have made it accessible to all citizens and regions. It has become a good governance model of India.Story continues below this adIndia has shown that technology is not just a tool of convenience, but also a means to ensure equality, he said.He said that India, through its digital innovations, wants to increase digital cooperation and partnership with other countries, and for this reason it is sharing its experiences and open source platform for global public good. Referring to the indigenously developed Modular Open Source Identity Platform (MOSIP), he said more than 25 countries are using the platform for developing their sovereign digital identity system.“Besides sharing technologies, we are also helping other countries in developing technologies. This is not digital aid…there are people in the world who are saying that we are giving aid…this is not aid, but it is digital empowerment,” he said.The prime minister said that India is the mother of democracy. When one talks about democracy, it is not just limited to elections or policy making. India has also made this democratic spirit a strong pillar of governance.Story continues below this adHe said that the inclusive approach has helped in transformation of the banking system.“Earlier, banking was a privilege. But digital technology has made it a means of empowerment. Today, in India, digital payments have become a routine. For this, the biggest credit goes to JAM (Jan Dhan, Aadhaar and Mobile) trinity,” he said.On India-UK partnership, Modi said both the countries have shown the world the path for a win-win partnership. UK’s research and global finance expertise and India’s scale and talent can open new opportunities for the world.“Today, we have decided to strengthen the connection between startups, institutions and innovation hubs. The UK-India fintech corridor will provide opportunities to pilot new startups and move forward. This will also pave the way for cooperation between London Stock Exchange and GIFT City,” Modi said.Story continues below this adSpeaking at the event, UK Prime Minister Keir Starmer hailed the UK-India Comprehensive Economic and Trade Agreement (CETA), which was signed in July this year.“It will add billions of pounds to our GDP. Hundreds of billions of rupees to yours. And add billions to wages as well,” he said.Starmer said it was the biggest deal that the UK has done since it left the European Union. He said four fintech companies — Razorpay, Cred, PayTm and Perfios — are planning to invest in the UK.Earlier in the day, addressing a session with CEOs, Modi said CETA is not just a trade agreement but it is a road map for shared progress, shared prosperity and shared people. Apart from giving market access, this trade agreement will provide support to MSMEs.Story continues below this ad“The bilateral trade between India and the UK is around $56 billion. We have set a target to double it by 2030. However, I am confident that we will reach this target earlier,” he said.