India Expands E-Rupee Use With Welfare Payments to Farmers and Food Schemes

The post India Expands E-Rupee Use With Welfare Payments to Farmers and Food Schemes appeared first on Coinpedia Fintech News India launched new e-rupee pilots to distribute welfare payments directly to farmers and food subsidy beneficiaries, aiming to reduce corruption and boost CBDC adoption. The move shifts funds from traditional systems to digital wallets. This indicates a push toward controlled and targeted digital payments. RBI Rolls Out CBDC Pilots Across Welfare Programs According to the …