Update: Notably, NITI Aayog, the government’s policy think tank, has been working on “IndiaChain,” an ambitious project to develop a national blockchain network. This initiative aims to link IndiaChain with IndiaStack, the digital infrastructure supporting the Aadhaar project, to enhance transparency, prevent fraudulent transactions, and efficiently disburse subsidies to farmers. These efforts reflect India’s commitment to integrating blockchain technology into governance and public services.
Additionally, Prime Minister Modi has been vocal about the potential of emerging technologies. In a recent podcast with Lex Fridman, he emphasized India’s pivotal role in the global advancement of artificial intelligence, stating that progress in AI is incomplete without India’s contribution.
Furthermore, the Reserve Bank of India (RBI) was honored with the Digital Transformation Award 2025 by Central Banking, London, UK, recognizing its innovative digital initiatives—Pravaah and Sarthi—developed by its in-house developer team. Prime Minister Modi applauded this achievement, highlighting the emphasis on innovation and efficiency in governance.
While there hasn’t been a recent announcement specifically about a new blockchain initiative by Prime Minister Modi, these developments demonstrate India’s ongoing efforts to embrace and implement blockchain technology across various sectors.
