Beneficiaries will get digital coupons in their CBDC wallets, which can then be used to redeem the entitled quantity of foodgrains at merchant outlets
Currently being piloted in Puducherry, the Centre plans to expand the initiative to three to four states and UTs, including Chandigarh and Dadra and Nagar Haveli, “soon”
The pilot is being implemented by the Puducherry government, the RBI, the Public Financial Management System (PFMS) and Canara Bank
The Centre…

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