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

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.

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 ...

Modi government is launching Central Bank Digital Currency (CBDC), the digital rupee or e-rupee, a tokenised digital version of the Indian rupee.

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

Union Home Minister Amit Shah will inaugurate India's first Central Bank Digital Currency (CBDC)-based Public Distribution ...

Rupee-powered PDS and 24x7 Annapurti Grain ATM in Gujarat, enhancing transparency and efficiency in food distribution.

India pilots CBDC-based digital food coupons in Gujarat, enabling beneficiaries to redeem ration entitlements through programmable e₹ instead of physical grain ...

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.

Two-thirds of central banks highlighted CBDC (66.7%) as a form of digital money they expected to be “widely adopted” in their jurisdiction in the next five to 10 years. Half of respondents expect ...