Fact Check: Did Nirmala Sitharaman Launch a Scheme Promising ₹20 Lakh in Just One Month with ₹21,000 Investment?

Recently, several videos are going viral on social media claiming that Union Finance Minister Nirmala Sitharaman has launched a “special scheme” where people can invest ₹21,000 and earn up to ₹20 lakh within just one month. These videos are being circulated widely on Facebook and other platforms, raising doubts among the public.

The Claim

The viral videos show Finance Minister Sitharaman apparently endorsing investment schemes that promise:

• ₹22,000 investment turning into ₹60,000 in a single day
   
• ₹21,000 investment becoming ₹20 lakh in a month
   
• Promotions of platforms like Quantum AI that allegedly multiply money in very short durations
   

The Truth

The Press Information Bureau’s (PIB) Fact Check Division has clarified that these videos are completely fake.

• Cybercriminals are using Artificial Intelligence (AI) deepfake technology to manipulate videos of well-known personalities and make it appear as if they are promoting such schemes.
   
• PIB confirmed that no such scheme has been launched or approved by the Government of India or the Finance Minister.
   
• These fraudulent videos are created solely to mislead people and lure them into scams.

💥Chance to earn ₹60,000 in a day & upto ₹10 Lakhs in a month❓💥

🚨Too Good to Be True ⁉️Think Again‼️

A video circulating on Facebook claims that the Union Finance Minister @nsitharaman is promoting an investment program promising that an investment of ₹22,000 can help you… pic.twitter.com/FTtbWDmG0L

— PIB Fact Check (@PIBFactCheck) August 18, 2025

Why This Matters

Scammers are increasingly using AI-based deepfake videos to target unsuspecting citizens by misusing the names and faces of politicians, celebrities, and business leaders. Such fake promotions often tempt people with unrealistic promises like “100x returns in one month,” which are impossible in genuine financial investments.

Official Advisory

• Do not believe or invest in any scheme claiming guaranteed huge returns in a very short time.
   
• Always cross-check such claims with official government websites or trusted financial institutions.
   
• Follow the official PIB Fact Check handle (@PIBFactCheck) for verification of viral news and investment claims.
   

Conclusion

The claim that Finance Minister Nirmala Sitharaman launched a scheme where ₹21,000 can turn into ₹20 lakh within a month is FALSE. These viral videos are AI-generated deepfakes, and the government has issued a clear warning against them. Citizens should remain vigilant and avoid falling victim to such online frauds.