Prime Minister Narendra Modi emphasized the need for an integrated approach to address issues related to cryptocurrencies at the B20 Summit. He urged business leaders to brainstorm on matters such as cryptocurrency and artificial intelligence, highlighting the requirement for a global framework for cryptocurrency. Additionally, PM Modi highlighted the importance of focusing on ‘ethical AI’ in the rapidly evolving landscape of technology disruption.
Observing ‘International Consumer Care Day’
During his address at the summit organized by CII, the prime minister also proposed observing ‘International Consumer Care Day’ once a year and transitioning to ‘green credit’ instead of carbon credit trading. He commended India for its role in the digital revolution of Industry 4.0 and emphasized the nation’s significance in building an efficient and trusted global supply chain.
Focusing on Ethical AI and Supply Chain Resilience
PM Modi stressed the necessity of maximum integration in dealing with the challenges associated with cryptocurrencies. He expressed the need for a global framework that addresses the interests of all stakeholders. The prime minister also underscored the importance of adopting a similar approach towards ethical AI and urged businesses to go beyond just the bottomline by prioritizing supply chain resilience and sustainability.