Gandhinagar, Feb 15 (IANS) India accounts for more than half of the world’s total digital transactions, Union Home Minister Amit Shah said on Sunday while launching the country’s first Central Bank Digital Currency (CBDC)-based Public Distribution System (PDS) in Gujarat’s Gandhinagar.Speaking at a function held at Mahatma Mandir, HM Shah said India’s rapid digital transformation over the past decade had enabled the government to integrate advanced technology into welfare delivery.”A decade ago,…
Latest Consumer Education and Research Centre News & Updates
New Delhi, Feb 15 (IANS) Union Home Minister Amit Shah will inaugurate India’s first Central Bank Digital Currency (CBDC)-based Public Distribution System (PDS) on Sunday at the Mahatma Mandir in Gujarat’s Gandhinagar.The initiative, undertaken by the Gujarat Food, Civil Supplies and Consumer Affairs Department, introduces subsidy transfers through the Reserve Bank of India-authorised CBDC platform.The system has been developed by the Punjab National Bank and will provide beneficiaries with digi…
Gandhinagar, Feb 13 (IANS) Union Home Minister Amit Shah will inaugurate India’s first Central Bank Digital Currency (CBDC)-based Public Distribution System (PDS) on Sunday at the Mahatma Mandir in Gujarat’s Gandhinagar, government officials said on Friday. The initiative, undertaken by the Gujarat Food, Civil Supplies and Consumer Affairs Department, introduces subsidy transfers through the Reserve Bank of India-authorised CBDC platform.The system has been developed by the Punjab National Bank …