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RBI to introduce digital rupee using blockchain technology
Source: PTI
February 01, 2022 13:29 IST

A new Digital Rupee is proposed to be introduced by the Reserve Bank of India using blockchain technology starting from 2022-23, Finance Minister Nirmala Sitharaman said on Tuesday.

Illustration: Dominic Xavier/Rediff.com

In her Union Budget 2022-23 speech, she also said Rs 1 lakh crore financial assistance to states will be provided in 2022-23 to catalyse investments.

The finance minister further said that in 2022-23, states will be allowed fiscal deficit of up to 4 pc of GSDP. 

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