Patna becomes the first municipal corporation to use CBDC in the country

According to the information received from the media on 23 May 2023, the Mayor, Deputy Mayor and Municipal Commissioner of Patna Municipal Corporation of Bihar launched the digital currency E-Rupee generated by the Reserve Bank of India due to which now this digital currency will be used in the entire Patna Municipal Corporation area.
From payment to other work, erupees will also be used.
This payment system will be completely adopted in the Municipal Corporation Headquarters Mauryalok Complex.
Patna Municipal Corporation is the first Municipal Corporation in India to use CBDC (Central Bank Digital Currency).
During this, a workshop was also organized for the corporators, where they were informed about the benefits and uses of digital e-rupee.
Apart from increasing the income of Patna Municipal Corporation through online payment system, facilities are being made available to the common people sitting at home, free of cost.
He said that at present 30 percent online payment is being done in Patna Municipal Corporation; the target is to increase it to 90 to 95 percent.
Central Bank Digital Currency (CBDC): e₹-R in the form of a digital token that represents legal tender.
The first pilot of the Digital RupeeRetail segment (e₹-R) was launched by the Reserve Bank of India (RBI) on December 01, 2022.