Opportunity to transform financial sector through Agentic AI and Quantum technology CM Fadnavis

Mumbai Sep 9 IANS Chief Minister Devendra Fadnavis on Wednesday said that Maharashtra is committed to delivering the benefits of emerging digital financial technologies to common citizens farmers women entrepreneurs startups and Micro Small and Medium Enterprises MSMEsnbspHe stated that Agentic AI and Quantum Technology will provide a new direction to financial inclusionSpeaking at the Global Fintech Fest 2026 here the Chief Minister highlighted the immense potential of Agentic AI tokenisation and quantum technology to revolutionise the financial sectorCM Fadnavis recalled that during last years Global Fintech Fest the state expressed its resolve to make Maharashtra the countrys first Tokenised State Moving decisively in that direction the state government has initiated work on drafting the Maharashtra Digitisation and Exchange of Land Token Asset Act DELTA Act This legislation will establish the necessary legal framework for blockchainbased tokenisation of land and real estate assets Experts from SEBI BSE NSE industry technology law and academia are actively participating in this processTokenisation he noted converts capital locked in real estate into productive economic opportunities boosting transparency liquidity and economic growth by unlocking illiquid assets The Chief Minister asserted that the future of global finance is taking shape in India particularly in Mumbai As the nations financial capital Mumbai is rapidly advancing toward becoming an emerging global fintech capitalReferring to this years theme Potential of Impact he stressed that converting technological capabilities into realworld impact is the need of the hour Having established a global benchmark through the Unified Payments Interface UPI India must now focus on democratising access to credit investments ownership rights and financial informationCM Fadnavis noted that modern technology holds the power to provide highquality financial insights to an industry in Kolhapur a farmer in Vidarbha or a woman entrepreneur in Pune on par with major financial institutionsElaborating on Agentic AI the Chief Minister envisioned a future where an entrepreneurs AI assistant could assess financial needs and recommend optimal solutions while farmers receive financial advice in their mother tongue However he emphasised that while AI works for citizens ultimate control must remain in human handsHighlighting Maharashtras financial technical and infrastructural strengths CM Fadnavis pointed out that Mumbai hosts the countrys largest financial ecosystem Pune serves as a hub for technical talent and Navi Mumbai is emerging as a centre for data infrastructure and global connectivity The state is building a robust ecosystem around artificial intelligence data centres Global Capability Centres GCCs startups and universitiesHe urged industry leaders to view Maharashtra not merely as a market but as a laboratory for innovation The CM invited solutions in agriculture MSMEs urban development healthcare mobility financial inclusion fraud prevention and public finance management assuring full state support for largescale testing Under the leadership of Prime Minister Narendra Modi India has set a global standard for digital financial infrastructure and the world is eagerly watching Indias next financial revolutionReaffirming the states commitment CM Fadnavis assured that Maharashtra will act as a pioneer serving as the largest realworld testbed for nextgeneration fintech solutions and striving to realise PM Modis vision of turning Mumbai into the fintech capital of the worldDuring the event in the presence of the Chief Minister agreement documents were exchanged between Mumbai Metropolitan Region Development Authority MMRDA SEBI the National Stock Exchange NSE and the Enforcement Directorate ED regarding their expansion in BKC IANSnbsp