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PIB Fact Check: Fake National Platform Promising ₹1 Lakh Monthly Income

Written by: Team Angel OneUpdated on: 10 Sept 2025, 9:36 pm IST
A fake ad claims ₹1 lakh/month from a government-backed platform. PIB confirms it's false. Stay alert and avoid suspicious links.
PIB Fact Check: Fake National Platform Promising ₹1 Lakh Monthly Income
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A fabricated news article impersonating The Times of India is circulating online, falsely claiming that every Indian will receive over ₹1,00,000 per month via a so-called national investment platform named ‘Quantum AI’. This falsehood attributes the initiative to Finance Minister Nirmala Sitharaman. The Press Information Bureau (PIB) has now stepped in with a warning, confirming that the claim is entirely fake and no such government-backed platform exists.

PIB Confirms No Government Endorsement of 'Quantum AI'

On September 10, 2025, PIB Fact Check clarified that the viral advertisement is fake. The misleading content claims Indians would earn over ₹1,00,000 every month from a platform approved by the Finance Ministry. PIB confirmed that Finance Minister Nirmala Sitharaman has not endorsed any such investment platform or income scheme. The ad is neither a government initiative nor a credible financial product.

Dubious Claims and Misuse of Media Branding

The fake article uses branding from The Times of India to mislead readers and create a false sense of credibility. Such tactics aim to lure unsuspecting users into clicking malicious links. These can lead to phishing attempts or fraudulent schemes disguised as high-return investment platforms. Citizens are urged not to fall for exaggerated income promises or offers that sound too good to be true.

Read More: Delhi High Court Provides Zepto Interim Relief in Lawsuit Against Phishing Websites and Trademark Infringement!

How to Stay Protected Against Digital Financial Fraud

Individuals must exercise caution while engaging with financial content on social media. Always verify news and financial claims through official sources such as government portals or trusted news agencies. Refrain from sharing personal or banking information on unverified platforms, especially when large sums like ₹1,00,000 per month are promised with no clarity on investment risks or returns.

Conclusion

The viral post about a national investment platform offering ₹1,00,000 monthly income is completely fake. PIB has officially discredited the claim, stating it is neither backed by the government nor any of its ministries. Always verify financial news from reliable sources and avoid falling for sensationalised schemes online.

Disclaimer:This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Sep 10, 2025, 4:06 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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