Subhadra first govt scheme to offer digital rupee payment

Subhadra Yojana in Odisha provides women with Rs 10,000 annually in Central Bank Digital Currency (CBDC). Launched by PM Narendra Modi, the scheme ensures direct deposits into beneficiaries' bank accounts without intermediaries. Linked to RBI's digital currency pilot, the digital rupee can be spent using UPI QR codes or transferred to bank accounts.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nIa2cQp