Under the new scheme, beneficiaries will be issued digital currency (e-wallet) valued for three months from the date of issuance.
Beneficiaries are entitled to use the e-wallet for purchasing ration (rice) within the validity period. To avail the CBDC, completion of e-KYC registration was mandatory, an official release here said.
Under the new scheme, beneficiaries will be issued digital currency (e-wallet) valued for three months from the date of issuance.
Beneficiaries are entitled to use the e-wallet for purchasing ration (rice) within the validity period
Under the new scheme, beneficiaries will be issued digital currency (e-wallet) valued for three months from the date of issuance.
Beneficiaries are entitled to use the e-wallet for purchasing ration (rice) within the validity period
The Department of Civil Supplies has directed beneficiaries of Pradhan Mantri Garib Kalyan Yojana to complete the mandatory registration under the newly-introduced Central Bank Digital Currency (CBDC) system.
The CBDC system, introduced in the Union Territory with effect from February 26 this year, replaces the Direct Benefit Transfer - Cash model followed earlier for distribution of provisions to ration card holders. Under the new scheme, beneficiaries will be issued digital currency (e-wallet) valued for three months from the date of issuance.
Beneficiaries are entitled to use the e-wallet for purchasing ration (rice) within the validity period. To avail the CBDC, completion of e-KYC registration was mandatory, an official release here said.
“Beneficiaries who have already updated their e-KYC are not required to do it again. Those who have not completed their e-KYC are requested to visit the nearest Common Service Centre along with their Aadhaar and Ration cards. The e-KYC process will be completed free of cost. Only beneficiaries who complete e-KYC will be eligible to receive the digital currency. The beneficiaries are also advised to utilise the special camps held in each constituency from this month onwards,” the release said.