Topic
digital-currency
2 stories related to this topic, newest first.
thehindu.comworld15 days agoDeveloping
India Pilots E-Rupee to Improve Welfare Payment System
India is testing its central bank digital currency, the e-rupee, through a pilot program aimed at enhancing its $80 billion welfare system. A farmer in Phulenagar used the digital funds to install irrigation equipment on his onion farm. The initiative seeks to address issues of c…
Substrate placeholder — needs reviewworld16 days agoDeveloping
Indian Farmer Uses Central Bank Digital Currency for Onion Farm Irrigation in Pilot Program
A farmer in western India used e-rupee funds from a central bank pilot to set up irrigation on an onion farm. The program aims to promote the digital currency. This demonstrates support for small-scale agriculture through direct digital payments.