1 week ago
1
The Bangaru Vaickal Neeradhara Koottamaippu, a h2o users and farmers’ corporate has urged the Puducherry authorities to scrap the Central Bank Digital Currency (CBDC)-based nutrient subsidy organisation programme successful the Union Territory.
In a missive addressed to Lieutenant Governor K. Kailashnathan, the president of the collective, V. Chandrasekhar, said the Department of Civil Supplies and Consumer Affairs has announced the implementation of the strategy for ration cardholders, replacing nonstop currency transfers with integer wallets.
The project, meant to screen beneficiaries nether the Pradhan Mantri Garib Kalyan Anna Yojana, envisages utilisation of the Reserve Bank of India’s e-rupee for subsidy distribution. Under the programme, nutrient subsidy would beryllium credited to identified beneficiaries successful the signifier of programmable CBDC tokens straight into their wallets.
Special camps to make these integer wallets person been scheduled successful Bahour and Ariyankuppam and this announcement has caused wide daze and anxiousness among the section residents and farmers.
Mr. Chandrasekhar said that replacing of ration commodities with currency oregon integer currency volition yet destruct ration shops altogether, undermining the halfway intent of the nationalist organisation strategy successful alleviating hunger among the poor.
“The strategy volition unit people, who trust connected the authorities for essentials, to autumn into the clutches of backstage markets with hiked prices. Without ration shops, the government’s nonstop procurement of nutrient grains from farmers volition besides cease, affecting their livelihoods,” helium said.
The Lt. Governor should instantly intervene and scrap the strategy arsenic it threatens nutrient security, helium said.
