India's digital currency push targets its leaky welfare system
- Posted on April 23, 2026
- By Business News Today
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- 1 min read
India's digital currency push targets its leaky welfare system
India is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in government subsidies. Farmers like Samadhan Sonawane are receiving funds directly for farm equipment. Similar trials are underway for food distribution. The e-rupee offers programmable features to ensure funds are used as intended.
