Did Nirmala Sitharaman promote a platform promising ₹30 lakh monthly returns? Here’s the truth

The government has clarified that a video circulating on social media, which appears to show endorsing an investment platform promising quick financial returns, is fake.

The Press Information Bureau’s Fact Check Unit stated that the video is AI-generated and confirmed that the Finance Minister has not supported any such scheme.

In a post on X, PIB Fact Check wrote, “A video circulating on social media falsely shows Union Finance Minister promoting an investment platform and claiming that an initial deposit of ₹22,000 can generate a guaranteed income of ₹30 lakh per month.”

The video is FAKE and AI-generated. Neither the Government of India nor the Finance Minister is endorsing any such investment platform or scheme, the post added.

See the post here:

Citizens have been advised to verify information through official sources before trusting or sharing it. The also warned people to stay cautious, as such schemes may be phishing attempts designed to deceive them.

The Press Information Bureau’s Fact Check unit had earlier exposed a viral social media video that falsely claimed an investment of ₹22,000 could yield returns of ₹5.5 lakh within a week. The video, which appeared to show Sitharaman making this claim, was confirmed to be fake and identified as a dangerous scam by the PIB Fact Check team.

Noticed any fake news? Here’s how to file a complaint

If you come across in India, there are a few official ways to report it to the government:

1. Report to Press Information Bureau (PIB) Fact Check
   Email: factcheck@pib.gov.in.
   WhatsApp: +91 8799711259.
   You can also tag them on X: @PIBFactCheck
   Share the link, screenshot, or video along with a brief explanation.
2. File a complaint on the National Cyber Crime Portal
   Website: cybercrime.gov.in.
   Choose categories like “online fraud” or “other cyber offences.”
   Upload evidence (screenshots, URLs, etc.).
3. Inform the Ministry of Electronics and Information Technology (MeitY)
   You can report harmful online content through their grievance channels or via social media.
4. Report directly on the platform
   Use the “Report” option on apps like WhatsApp, Facebook, Instagram, or YouTube to flag misinformation.

Leads for filing a complaint:

1. Include clear evidence (links, images, timestamps).
2. Avoid forwarding the fake content further unless necessary for reporting.
3. Mention why you believe the content is false or misleading.