**News Flash: India's Digital Rupee Vision**
On his final day as the Reserve Bank of India (RBI) governor, Shaktikanta Das shared his ambitious vision for India's economy, focusing on a home-grown central bank digital currency (CBDC), the digital rupee. Over his six-year tenure, Das championed new technologies, establishing the RBI Innovation Hub and a fintech regulatory sandbox.
He emphasized India's leadership in CBDC development, contrasting with other central banks still in early stages. Das sees CBDCs as the future of currency, potentially replacing paper money. However, he cautioned against rushing implementation without understanding its impact, advocating for a phased rollout based on pilot data.