Government of India launches CBDC-based Digital Food Currency pilot for Direct Benefit Transfer (DBT) under Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Puducherry

Direct transfer of food subsidy into beneficiaries’ CBDC wallets, in place of conventional bank accounts, in Puducherry, which is presently implementing PDS through the DBT model CBDC Integration in PDS a Major Step Towards Transparent and Empowered Food Distribution System: Union Minister Pralhad Joshi ‘Every grain, Every rupee, […]