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PM Modi Inaugurates National Blockchain Financial Hub in Gurugram.

National | Dated: 12 May 2026

To completely revolutionize digital asset security, Prime Minister Narendra Modi officially inaugurated the highly advanced National Blockchain Financial Hub in Gurugram. The facility explicitly aims to support banking institutions in secure cross-border settlements.

🎯 Key Highlights:

  • The tech hub heavily utilizes decentralized ledgers to eliminate counterparty risks.
  • A dedicated budget of Rs 3500 crore was strictly utilized for its development.
  • The project operates in direct coordination with the Reserve Bank of India.

💡 Other Important Facts:

  • Facility: Blockchain Hub.
  • Location: Gurugram.
  • Focus: Cross-Border Settlements.

📚 Test Your Knowledge:

Where did Prime Minister Narendra Modi recently inaugurate the advanced National Blockchain Financial Hub to support secure cross-border settlements?

Correct Answer: Gurugram

🚀 Quick Recap:

About Digital India

  • Nodal Ministry - MeitY
  • Key Component - Secure Digital Payments