During a G20 event last week, representatives from the RBI had said that the ability to facilitate CBDC payments via UPI QR codes will be deployed around July end. It could be any day now, that retailers accepting India’s CBDC as a payment option, would just have to extend their existing QR codes to their customers and let them scan them for payments to go through.
India's digital public infrastructure plays on key aspects of scale and technology being centred around public interest, and is a "marvellous model" for what others can do as citizenship becomes a digitalised phenomenon globally, Nick Clegg, President Global Affairs of Meta.
Prime Minister Narendra Modi performed a Havan and participated in the Puja ceremony prior to the inauguration of the International Exhibition-cum-Convention Centre (IECC) complex at the ITPO complex in Delhi this morning.
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