E-Rupee Pilot Launched for Food Subsidy
E-Rupee Pilot Launched for Food Subsidy Why in the News ? The Union government has launched a pilot in Puducherry to distribute food subsidy using the RBI’s e-rupee (CBDC). This marks the first instance of programming India’s digital currency to deliver targeted welfare benefits under the Public Distribution System (PDS). Pilot Project: Features & Objectives: …
Read More
