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India tests e rupee to stop welfare corruption and route money directly to beneficiaries
Business
Published on 25 April 2026
Programmable payments could make subsidies far harder to steal
India is piloting the e rupee digital currency to deliver welfare payments more efficiently and with less corruption. Trials are already funding farmers directly for equipment, while similar experiments target food distribution. Backed by “programmable” features, the e rupee is designed to restrict how money can be used, aiming to ensure subsidies reach their intended purpose.
- e rupee pilot targets welfare payments to cut leakage
- Direct transfers are funding farmers for equipment needs
- Food distribution trials are also underway
- Programmable features aim to enforce intended spending
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times