Central Bank Digital Currency (CBDC)-based Public Distribution System (PDS):
The Union Home Minister launched India’s first Central Bank Digital Currency (CBDC)-based Public Distribution System (PDS) in Gandhinagar, Gujarat.The CBDC-based PDS is a digitally enabled ration distribution system that integrates Central Bank Digital Currency into the Public Distribution System to ensure secure and transparent food grain delivery.Organisations Involved: Ministry of Consumer Affairs, Food and Public Distribution – Nodal ministry overseeing PDS reforms and implementation.Reserve Bank of India (RBI) – Issuer of the Central Bank Digital Currency (Digital Rupee). Aim is to eliminate corruption and leakages in ration distribution,to operationalise the vision of “Minimum Government, Maximum Governance” in welfare delivery,to ensure secure, efficient, and transparent access to subsidised food grains.
