India, Feb. 16 -- The system will address challenges related to biometric authentication and e-POS operational issues while ensuring secure, traceable and real-time transactions

The Government of India has launched a Central Bank Digital Currency (CBDC)-based Digital Food Currency pilot in Gujarat. It was inaugurated by the Union Home Minister, Amit Shah in the presence of Union Minister for Consumer Affairs, Food and Public Distribution, Pralhad Joshi and Chief Minister of Gujarat, Bhupendra Patel ; Minister of State for Consumer Affairs, Food and Public Distribution, Nimuben Jayantibhai Bambhaniya.

Joshi, said that the introduction of Central Bank Digital Currency (CBDC) in the Public Distribution System (PDS) marks a significant mile...