Under the pilot, food subsidies will be credited directly to beneficiaries in the form of programmable CBDC tokens (e₹) generated through the Reserve Bank of India.

The government on Friday launched a Central Bank Digital Currency-based Digital Food Currency pilot in Puducherry, marking ...

Government of India launches CBDC pilot for food subsidies under PMGKAY in Puducherry, aiming for secure, transparent digital ...

The digital rupee (e-rupee), issued by the Reserve Bank of India (RBI), is a tokenised form of India’s sovereign currency ...

Explore the CBDC Digital Food Currency pilot launched by India to enhance food security through direct benefit transfers.

The Government of India has launched a Central Bank Digital Currency (CBDC)-based Digital Food Currency pilot for Direct Benefit Transfer (DBT) under Pradhan Mantri Garib Kalyan Anna Yojana ...

In a major step towards strengthening India’s digital public infrastructure and enhancing transparency in subsidy delivery, the Government of India will launch a Central Bank Digital Currency ...

In a first-of-its-kind reform in India’s welfare architecture, the Centre has launched a Central Bank Digital Currency (CBDC)-based “Digital Food Currency” pilot project integrating the digital rupee ...

Gujarat in western India has launched a central bank digital currency pilot in which grain is dispensed from 24/7 automated teller machines (ATMs) as part of the state’s public welfare programme.

The government will launch a CBDC-based pilot for food subsidies under PMGKAY in Puducherry on February 26. This initiative ...

India’s outgoing Reserve Bank of India (RBI) governor has trumpeted the country’s status as a “pioneer” in the central bank digital currency (CBDC) space, noting its broad reach among millions of ...