CBDC-Based Direct Benefit Transfer System
22 August 2026
PRERNA FOR IAS
Mehnat Aapki, Guidance Humari
Roz ki Prelims Practice — Experts ke Saath
CBDC-Based Direct Benefit Transfer System
Why in News
On 14 August 2026, the Government of India launched a Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer system under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Chandigarh and Dadra & Nagar Haveli. Beneficiaries receive food subsidy directly in their digital-rupee wallets for use with empanelled food merchants.
Background
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Learn how India's Digital Rupee enables programmable CBDC-based direct benefit transfers for food subsidies under PMGKAY, launched in Chandigarh and Dadra & Nagar Haveli.
Keywords
CBDCdigital rupeedirect benefit transferprogrammable tokensPMGKAYRBIfinancial inclusiondigital public infrastructurewelfare technologye₹