India pushes e-rupee through welfare pilots as BRICS digital currency plan takes shape

India pushes e-rupee through welfare pilots as BRICS digital currency plan takes shape

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enPolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailIndia pushes e-rupee through welfare pilots as BRICS digital currency plan takes shapeFarmers and food programs anchor 10 pilots aimed at boosting usage, while New Delhi eyes BRICS CBDC link ahead of 2026 summitBy Sam Reynolds|Edited by Sheldon RebackUpdated Apr 24, 2026, 9:27 a.m. Published Apr 24, 2026, 9:25 a.m. Make preferred on India is testing its CBDC through targeted welfare programs. (Naveed Ahmed/Unsplash)What to know: India is routing portions of its roughly $80 billion welfare system through the e-rupee in about 10 pilot programs to curb leakage and corruption while giving its central bank digital currency a clearer use case.Targeted pilots in states like Maharashtra and Gujarat use programmable subsidies and food benefits to

Source: https://www.coindesk.com/policy/2026/04/24/india-pushes-digital-rupee-through-welfare-pilots-as-brics-cbdc-plan-takes-shape