Digital currency
By: Sharma, Karishma and Tyagi, Bhavya
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Material type: 
BookPublisher: Yojana Description: 66(4), Apr, 2022: p.49-51.
In:
YojanaSummary: The current digital landscape of India makes a strong case for introducing a central bank digital currency (CBDC). An increase in the availability of low-cost smartphones and low-cost 4G data has father deepened digitization in India. Despite a diverse range of virtual currencies being available, penetration of private digital currencies remains low which offers a strong case for India’s own digital flat rupee that will promoted financial inclusion and increase demand for real money balances.- Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 66(4), Apr, 2022: p.49-51 | Available | AR126777 |
The current digital landscape of India makes a strong case for introducing a central bank digital currency (CBDC). An increase in the availability of low-cost smartphones and low-cost 4G data has father deepened digitization in India. Despite a diverse range of virtual currencies being available, penetration of private digital currencies remains low which offers a strong case for India’s own digital flat rupee that will promoted financial inclusion and increase demand for real money balances.- Reproduced
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