Chandigarh to Roll Out CBDC-Based Food Subsidy Under PMGKAY on Aug 14

Centre launches e-rupee based subsidy transfer in Chandigarh, Dadra & Nagar Haveli

Unlike conventional cash transfer, beneficiaries under Pradhan Mantri Garib Kalyan Anna Yojana to tokens in CBDC-wallets, use it for purchasing grains.

Chandigarh to roll out CBDC-based food subsidy under PMGKAY on Aug 14

Chandigarh to roll out CBDC-based DBT food subsidy under PMGKAY on Aug 14, using programmable Digital Rupee for wheat/rice purchases via QR codes.

Digital Currency-based DBT transfer under PM’s food subsidy scheme to be launched in Chandigarh, Dadra & Nagar Haveli - tennews.in: National News Portal

New Delhi, Aug 12 (IANS) The Centre will launch the Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in the Union Territories of Chandigarh and Dadra & Nagar Haveli on August 14, a day ahead of Independence Day, according to an official statement issued on […] The post Digital Currency-based DBT transfer under PM’s food subsidy scheme to be launched in Chandigarh,…