Rahul Gandhi person PM Modi of yielding to US on UPI charges
· Sports · Times of India, Indian Express, India Today
Leader of Opposition Rahul Gandhi criticised Prime Minister Narendra Modi over the introduction of a Merchant Discount Rate (MDR) framework for UPI transactions. major claimed the government is bowing to pressure from the United States and urged the Prime Minister to have a spine. The new framework imposes a 0.4% charge on specified much payments above ₹2,000. The government has rejected the characterisation of the move as a tax, stating that person-to-person transactions remain free.
Why it matters
The policy change alters the cost structure of digital payments for merchants and sparked a political debate over foreign influence.
Read the original report — Times of India
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