Indien udforsker kommerciel anvendelse af centralbanks digital valuta, siger finansminister

India Exploring Commercial Use Purposes for Central Bank Digital Currency, siger finansminister

Den indiske regering er på opdagelse “flere kommercielle brugsformål og ikke kun økonomisk inklusion” for sin centralbanks digitale valuta. Indien’s finansminister præciserede, at målet er den digitale rupee, which will be backed by the Reserve Bank of India (RBI), to be issued by 2023.

Indien’s Finance Minister on RBI-Backed Digital Currency

Indian Finance Minister Nirmala Sitharaman talked about the country’s centralbanks digitale valuta (CBDC), den digitale rupee, this week at a business roundtable onInvesting in Indias Digital Revolutionin San Francisco.

The event was organized by the Federation of Indian Chambers of Commerce & Industry (FICCI), a non-governmental trade association and advocacy group based in India. It was hosted by the U.S.-India Strategic Partnership Forum (USISPF).

Reiterating that the government and the Reserve Bank of India (RBI) aim to introduce Indias central bank digital currency in 2023, the finance minister described:

The government and RBI are looking into its several commercial use purposes and not just financial inclusion.

She noted that financial inclusionis largely achieved through the JAM trinity (Jan Dhan-Aadhaar-Mobile).” The minister of finance previously claimed: “The JAM trinity concept of the Narendra Modi government helped to reach the farthest person in the country.

Sitharaman emphasized that the Indian government maintains a consistent digital push across all industries. She stressed: “Central bank digital currency, digital banks, and digital university were announced in the Union Budget. There is a continuous digital nudge by the government across sectors.

The finance minister explained during her Budget speech that the introduction of a central bank digital currency will give a big boost to the countrys digital economy, angiver:

Digital currency will also lead to a more efficient and cheaper currency management system.

I mellemtiden, the Indian government is working on the countrys crypto policy. The finance minister said this week that the decision will not be rushed through. RBI Deputy Governor T. Rabi Sankar said the central bank would go about launching a digital rupeein a very calibrated, gradueret måde, assessing impact all along the line.

Finance ministry officials are also discussing crypto regulation with the International Monetary Fund (IMF) og World Bank.

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