Subhadra Yojana in Odisha provides women with Rs 10,000 annually in Central Bank Digital Currency (CBDC). Launched by PM Narendra Modi, the scheme ensures direct deposits into beneficiaries’ bank accounts without intermediaries. Linked to RBI’s digital currency pilot, the digital rupee can be spent using UPI QR codes or transferred to bank accounts.
Related Posts
‘Our business is in a difficult period’: Boeing considers layoffs amid workers’ strike
In response to an ongoing factory workers’ strike, Boeing has introduced several cost-saving measures. These include a hiring freeze, pausing pay increases for managers and […]
Sebi flags ‘pump & dump’ risk amid SME IPO frenzy
Sebi has warned investors about fraudulent practices by promoters of SMEs, who artificially inflate stock prices through misleading information and corporate actions, then sell their […]
Record 41 companies files for IPOs in September
In September 2024, 41 companies filed IPO offer documents with Sebi, breaking records. Major firms like NTPC Green, Hexaware, and Vikram Solar plan to go […]