Current Affairs - State - Discussion

The pilot project for distributing digital food coupons using Central Bank Digital Currency (CBDC) was launched in Gujarat. This initiative was introduced by the Government of India to enhance targeted welfare delivery through secure and transparent digital payments. By issuing coupons in digital rupee, the scheme ensures leakage-free subsidy transfers directly to beneficiaries. The pilot also promotes financial inclusion and strengthens India’s digital payment ecosystem. The move supports broader CBDC adoption efforts led by the Reserve Bank of India, aiming to modernise welfare distribution through innovative financial technology solutions.