It’s time to tokenize sovereign debt now that India’s e-rupee is ready to help finance evolve
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Summary
With RBI's e-rupee ready, assets can be tokenized for trading on the same ledger system that underpins this CBDC. This speed transactions up, reduces risk and allows markets to emerge. It could put G-Secs into household portfolios.
Key Facts
Type Policy
Source Livemint - Opinion
Published Tuesday, 12 May 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right