India, Feb. 25 -- The Government of India has issued a release:
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 (CBDC)-based Food Subsidy Distribution Pilot under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in the Union Territory of Puducherry on 26th February 2026.
The pilot will be inaugurated by the Hon'ble Union Minister for Consumer Affairs, Food and Public Distribution, Shri Pralhad Joshi, in the presence of the Lieutenant Governor of Puducherry, Shri K. Kailashnathan; Chief Minister of Puducherry, Shri N. Rangasamy; and other dignitaries.
The digital rupee or e-rupee is a tokenise...