New Delhi, August 2, 2021 (www.justkannada.in): The Government of India has introduced ‘E-Rupi,’ a form of digital money. Prime Minister Narendra Modi will dedicate it to the nation today evening.
PM Modi will inauguarate the E-Rupi digital currency today at 4.30 pm. The program will be aired live in social media too.
The E-Rupi is developed by the Indian National Payments Corporation (NPCI). It is developed based on the UPI payment platform, as tweeted by the Prime Minister.
Highlights of E-Rupi:
§ This technology has been developed in joint association with the Financial Services Department, Health and Family Welfare Ministry.
§ It is a digital currency, which will be provided to the beneficiaries through QR code on their mobile or SMS based E-Voucher.
§ Beneficiaries can use these E-vouchers without any service charges that are charged on using a debit card, digital payment applications, internet banking, etc.
§ It is a pre-paid form of voucher
§ The Government of India will use it as for payment of its various programs to the beneficiaries
§ The Women and Child Development Department, TB Eradication Program, subsidy for fertilizers can use these E-vouchers, it is learnt
§ The Government of India is supposed to provide more information about the usage of E-Rupi in the above mentioned programs.
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