India Expands e-Rupee Welfare Pilots to Reduce Corruption; Develops BRICS Digital Currency Plans
Summary
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“India pushes e-rupee through welfare pilots as BRICS digital currency plan takes shape Farmers and food programs anchor 10 pilots aimed at boosting usage, while New Delhi eyes BRICS CBDC link ahead of 2026 summit 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”
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