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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New Delhi, May 17 (PTI): Entry to all sites and museums under the Archaeological Survey of India (ASI) across the country will be free on Sunday in view of the International Museum Day.
There are 3,698 protected monuments and sites, and 52 museums under the ambit of the ASI.
"The ASI is pleased to announce that entry to all ASI monuments and museums across the country will be free on May 18, on the occasion of International Museum Day," the Culture Ministry said in a statement.
The International Museum Day highlights the vital role that museums play in preserving cultural heritage, promoting education, and fostering dialogue across communities and generations.
This year to encourage wider public participation, the ASI is offering free access to its network of 52 site museums and all ticketed monuments across the country, which house some of India's most treasured archaeological artefacts, from prehistoric tools and sculptures to medieval inscriptions, and more, the statement said.
"This initiative seeks to deepen public engagement with India's rich cultural legacy and to provide a meaningful platform for people to reconnect with history and heritage," it said.
The ASI also has a dedicated Museum Wing which deals with maintenance and management of its site museums, which includes one at Sarnath site (1910) being the earliest in the series of archaeological site museums located across the country, the ministry said.
The concept of archaeological site museums sought to preserve and display the excavated and movable artefacts near the site so that the displayed objects don't lose its context and may be studied by researchers and visitors alike while visiting the site, it said.
Recently, India's first underground museum at the UNESCO World Heritage Site of the Humayun's Tomb was inaugurated, along with the Virtual Experiential Museum at Man Mahal Observatory, Varanasi and Archaeological site of Lalitagiri at Odisha, the ministry added.
ASI site museums are being upgraded to facilitate the need of every section of the society, and with modern interventions like AR-VR (augmented reality-virtual reality) also being incorporated to give visitors a holistic experience, officials said.