PM Modi pitches India as favourite investment destination at Fintech Festival in Singapore
Singapore, Nov 14 : Prime Minister Narendra Modi said Wednesday that financial inclusion has become a reality for 1.3 billion Indians as he pitched India as a favourite destination for investment at the Fintech Festival here.
Modi became the first world leader to address the festival which was launched in 2016 and is in its third edition.
"Financial inclusion has become reality for 1.3 billion Indians. We have generated more than 1.2 billion biometric identities- Aadhaar or foundation- in just a few years," Modi said at the event.
The Singapore Fintech Festival (SFF) is already the world's largest event on financial technology or fintech. In 2017, the event drew as many as 30,000 participants from over 100 countries.
The SFF involves a three-day conference, and exhibition of FinTech firms and capabilities, a global competition of FinTech solutions and a platform for matching entrepreneurs and investment capital.
Modi said through Aadhaar and cellphones, his government has launched Jan Dhan Yojana and opened 330 million new bank accounts in three years.
"These are 330 million sources of identity, dignity and opportunities. Less than 50 per cent of Indian had bank accounts in 2014. Now, it is nearly universal. So today, more than a billion biometric identities, more than a billion bank accounts and more than a billion cell phones give India by far the biggest public infrastructure in the world," Modi said.
"We are in an age of a historic transition brought about by technology. From desktop to cloud, from Internet to social media, from IT Services to Internet of Things, we have come a long way in short time," he said.
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Woman in labour dies while being transported in ambulance lacking oxygen support
Palghar (PTI): A 26-year-old pregnant woman from Maharashtra's Palghar district died while being taken to hospital in an ambulance which was not equipped with oxygen and other necessary facilities, authorities said on Wednesday.
Palghar's Civil Surgeon Dr Ramdas Marad said the health department has repeatedly raised concerns with authorities about the lack of specialised ambulances in the region.
The woman, who was in labour pain, was brought to a rural hospital here in a critical state on Tuesday evening.
"If she had come earlier, we could have saved her," the health official said.
Palghar Lok Sabha member Dr Hemant Savara said the health department should take necessary action into the matter and ambulance services should have adequate facilities.
Pinki Dongarkar, resident of Sarni village, went into labour on Tuesday evening.
Her family immediately rushed her to Kasa rural hospital, but due to the critical nature of her condition, the staff there referred her to neighbouring Silvassa city (in the Union territory of Dadra and Nagar Haveli and Daman and Diu) for further medical attention.
However, despite frantic attempts by her family to secure an ambulance equipped with oxygen and necessary medical facilities through the '108' emergency service, their requests went unanswered, a health official said.
They were eventually provided with a regular ambulance by the Kasa rural hospital.
While en route to Silvassa, the woman succumbed to complications and the foetus also did not survive, health officials confirmed.
Dr Marad said the woman was brought to the Kasa rural hospital in a critical state.
According to him, the woman suffered from a condition called Intrauterine Fetal Death (IUFD), where the foetus died in the womb. The exact time of the foetal death could not be determined.
Upon arrival at the hospital, the woman was semi-conscious and showed signs of severe infection.
On issues with the 108 emergency ambulance services, which are privately operated, Dr Marad said the ambulance might have been unavailable due to high demand.
The health department has repeatedly raised concerns with authorities about the lack of specialised ambulances in the region, he said.
Talking to PTI, Palghar BJP MP Savara said, "This is a very sad incident. The health department should take necessary action in this connection. Also, such an incident should not happen in future for this reason."
"The ambulance services should have adequate oxygen and cardiac support facilities. Also, a doctor is required to accompany the patient. I will follow it up with the government," he said.
CPI (M) leader Vinod Nikole, the newly-elected assembly member from Dahanu in Palghar, said he had raised the issue in the House during his last term, but no action was taken.
He criticised the government over "indifference" towards improving healthcare facilities, particularly in tribal areas, and accused the state of prioritising other programmes, such as the Ladki Bahin Yojana, over the urgent needs of healthcare in rural regions.
