CBDC-based Digital Food Subsidy Pilot (Puducherry)
The Government of India has launched a CBDC-based Digital Food Subsidy Pilot in Puducherry under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). This initiative uses the central bank digital currency (e₹-R) to deliver subsidies directly to beneficiaries, marking a shift towards programmable and targeted welfare delivery.
Salient Features: Under the pilot, beneficiaries receive subsidies as digital toke
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