February 15, New Delhi: Amit Shah inaugurated India's first Central Bank Digital Currency (CBDC)-enabled Public Distribution System, developed in partnership with Punjab National Bank, in Gandhinagar, Gujarat, on Sunday.
Under the pilot project, over 26,000 families in the Sabarmati zone and surrounding districts will receive subsidies digitally, with wallets detailing the commodities, quantities, and prices.
Officials say the initiative brings transparency, speed, and accountability to subsidy distribution, highlighting India's push for innovative financial technology.
(File Photo: Amit Shah, Home Minister)