For specific or special cases the Reserve Bank of India said that it will launch Central Bank Digital Currency (CBDC) which is also known as digital currency or e-rupee. For each country as per their requirements the issuance will be unique. To the present form of money, the e- rupee will provide additional benefits such as easier, faster and cheaper with all transactional benefits. So hopefully in near future the paper currency will be replaced by digital currency in developed India.