🇮🇳
National
🔴 High
GoI Launches CBDC-based Digital Food Currency Pilot in Puducherry
📅 Published 28 Feb 2026 · February 2026
GoI Launches CBDC-based Digital Food Currency Pilot in Puducherry
Date: 26 Feb 2026
Initiative: Pilot for Digital Food Currency using CBDC under PMGKAY
Inaugurated by: Union Minister Pralhad Joshi
Key Features:
Uses Retail CBDC as programmable tokens for subsidy transfers
Tokens redeemable at Fair Price Shops & authorized merchants
Includes feature phone users for digital inclusion
Real-Time Tracking via Digital Rupee (e₹)
Supported by RBI, PFMS, Canara Bank
Aligns with ONORC & JAM frameworks for portability
📝 Relevant Exams:
UPSC