In a major reform aimed at transforming India’s food subsidy system, the Government of India on Wednesday launched a Central Bank Digital Currency (CBDC)-based Digital Food Currency pilot in Puducherry under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). The initiative enables direct transfer of food subsidy into beneficiaries’ CBDC…
Tag: #FoodSubsidy
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CBDC Food Subsidy Pilot Under PMGKAY in Puducherry
In a significant move to modernise India’s subsidy delivery system, the Government of India will launch a Central Bank Digital Currency (CBDC)-based food subsidy distribution pilot under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Puducherry on February 26, 2026. The initiative aims to enhance transparency, efficiency and accountability…
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Food & Public Distribution Ministry Year-End Review 2025
The Department of Food and Public Distribution (DFPD) marked 2025 as a year of consolidation and reform, strengthening India’s food security framework through expanded welfare coverage, digital governance, farmer-centric procurement and logistics modernisation. According to the Year-End Review released by PIB Delhi, flagship schemes such as the Pradhan Mantri Garib…