Programmable CBDC for Smart Public Distribution under Pradhan Mantri Garib Kalyan Anna Yojana Qorus-Infosys Finacle Banking Innovation Awards 2026

Submitted by

Punjab National Bank

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02/06/2026 Banking Innovation
Programmable CBDC enhances PMGKAY by enabling purpose-bound digital subsidies, ensuring transparent, secure, and leak-proof delivery to 80 crore beneficiaries, improving targeting, audit trails, efficiency, and citizen empowerment.

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