PM Modi calls for framework on crypto, ethical AI use

The prime minister called on businesses to adopt a planet-positive approach.
Prime Minister Narendra Modi addresses the B20 Summit India 2023, in New Delhi. (Photo | PTI)
Prime Minister Narendra Modi addresses the B20 Summit India 2023, in New Delhi. (Photo | PTI)

NEW DELHI:   Prime Minister Narendra Modi on Sunday called for a global framework on cryptocurrency and ethical use of Artificial Intelligence. Speaking at the B20 Summit in Delhi, the PM also said India is preparing a framework for Green Credit for businesses to encourage planet-positive actions. 

“Today, the world is showing a lot of excitement regarding AI. But amidst the excitement there are also some ethical considerations,” Modi said, adding such considerations must be addressed through a global framework. 

The prime minister called on businesses to adopt a planet-positive approach. “India is preparing a framework of green credit for businesses, which emphasizes planet-positive actions,” Modi said.

The PM also urged businesses to take a consumer-centric approach and said a profitable market can only be sustained when there is a balance between the interests of the producers and those of the consumers.

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