India Digital Rupee Welfare Payment Pilot
Sector: Government • Location: India
Source: VarIndia
India is piloting the use of its central bank digital currency (digital rupee) for welfare payments to reduce leakages, eliminate intermediaries, and ensure faster and more transparent delivery of subsidies. The initiative aims to reduce fraud by enabling real-time tracking, auditability, and conditional transfers through CBDCs, building on India's digital public infrastructure like Aadhaar and UP
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | pilot |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | India is piloting the use of its central bank digital currency (digital rupee) for welfare payments to reduce leakages, eliminate intermediaries, and ensure faster and more transparent delivery of subsidies. The initiative aims to reduce fraud by enabling real-time tracking, auditability, and conditional transfers through CBDCs, building on India's digital public infrastructure like Aadhaar and UPI. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |