Wire · operational-macro
CBDC food subsidy launch in Chandigarh, Dadra & Nagar Haveli
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 12 August 2026 · Fusion42 review
Chandigarh and Dadra & Nagar Haveli will be the first Union Territories in India to fully implement the use of the Reserve Bank of India's Central Bank Digital Currency (CBDC) for distributing food subsidies under PMGKAY, enabling direct programmable digital token transfers to beneficiaries' wallets from 14 August 2026.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You face new market entry as India's first fully CBDC-based welfare payments launch in Chandigarh and Dadra & Nagar Haveli opens digital wallets to food subsidy disbursements. Start planning for CBDC integrations now or risk falling behind the transition from bank accounts to programmable digital currency in public benefits.
◆ Coverage
1 source · 12 Aug 2026
◆ Related on Wire
◆ Topics