'Maharashtra To Harness Agentic AI, Quantum Tech And Tokenisation To Expand Financial Inclusion,' Says CM Devendra Fadnavis

Maharashtra's Chief Minister Devendra Fadnavis outlined the state's plans to harness agentic AI, quantum technology, and tokenisation to broaden financial inclusion at the Global Fintech Fest 2026. He highlighted the convergence of these technologies as a potential game-changer in the financial sector. The theme of this year's festival, 'Potential of Impact', underscored the need for turning technological capabilities into tangible outcomes.

Maharashtra had committed to becoming the country's first 'tokenised state' at the previous Global Fintech Fest, and the state's efforts included drafting a Maharashtra Digitisation and Exchange of Land Token Assets (DELTA) Act to create a legal framework for blockchain-based tokenisation of land and immovable property. SEBI, BSE, NSE, and experts from various fields would collaborate in shaping the proposed legislation.

Fadnavis promised that emerging technologies would enable entrepreneurs, farmers, and women entrepreneurs across Maharashtra to access financial information and services comparable to those offered by large financial institutions. However, he emphasized that while AI could assist citizens, the final decision-making power should remain with the individuals.

The state's robust fintech ecosystem, stemming from Mumbai's financial prowess, Pune's technology capabilities, and Navi Mumbai's infrastructure, was a significant asset in Maharashtra's bid to become a global fintech hub.