The announcement followed Modi’s opening of the 10th India Mobile Congress, where he highlighted digital India’s role in democratizing technology.
According to the Prime Minister, nearly ₹50 lakh crore has already been transferred directly to bank accounts, a figure that underscores the scale of the programme.
Modi also called on the GSMA, telecom operators and financial institutions to establish a coordinated mechanism against cyber frauds and deepfakes, citing India’s track record.
A beneficiary in Uttar Pradesh told reporters that the money arrived in her account on the same day she applied, preventing a scam that could have wiped her savings. The government plans to formalize the framework at the upcoming GSMA summit in October, setting the stage for multi‑country cooperation.