Government Expands Digital Food Subsidy Pilot to Chandigarh and Two Union Territories by June

Government Expands Digital Food Subsidy Pilot to Chandigarh and Two Union Territories by June

Expanding the Digital Safety Net The Indian government is set to expand its digital food subsidy pilot program to Chandigarh and two additional Union Territories by June, marking a significant shift in how social welfare benefits are delivered. By utilizing the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC) framework, the initiative allows…

Read More
Government Expands Digital Food Subsidy Pilot to Chandigarh and Two Union Territories by June

Government Expands Digital Food Subsidy Pilot to Chandigarh and Two Union Territories by June

The Indian government is set to expand its digital food subsidy pilot program to Chandigarh and two additional Union Territories by June, marking a significant shift in how social welfare benefits reach the public. Under this initiative, beneficiaries will receive their Public Distribution System (PDS) entitlements as digital tokens deposited into wallets linked to the…

Read More