Government Functionary Questions Rahul's Criticism of UPI Charges, Says Congress MPs in Panel Gave Nod
The committee warned that zero MDR leaves a ₹20,700 crore cost gap and said UPI needs a tiered revenue model to stay financially sustainable.
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9 Articles
Government functionary questions Rahul's criticism of UPI charges, says Congress MPs in panel gave nod
Why is Rahul Gandhi opposing something his own MPs, including former finance minister P.Chidambaram and former minister in the UPA government Manish Tewari supported within the parliamentary panel, says a senior government functionary
Government sources and the BJP have responded to Rahul Gandhi's criticism of the decision to impose a fee on UPI payments over ₹2,000. Government sources say the Parliamentary Standing Committee on Finance recommended implementing the MDR system in a phased manner, and Congress MPs present at the committee meeting did not oppose it.
UPI Fee Row: 5 Congress MPs, Including P Chidambaram, Supported MDR Framework in Parliament | 🗳️ LatestLY
As Rahul Gandhi criticised the Centre over its decision to "impose" fees on UPI transactions above Rs 2,000, five Congress MPs -- P. Chidambaram, Manish Tewari, Gaurav Gogoi, Kishori Lal and K. Gopinath -- actually supported a tiered Merchant Discount Rate (MDR)/revenue framework for UPI in the Parliament. 🗳️ UPI Fee Row: 5 Congress MPs, Including P Chidambaram, Supported MDR Framework in Parliament.
Row Over UPI MDR Framework Escalates as BJP Targets Rahul Gandhi Over Parliamentary Panel Backing
A political row has escalated over the UPI merchant discount rate (MDR) framework, with the BJP targeting Lok Sabha Leader of Opposition Rahul Gandhi. The BJP highlighted that the Parliamentary Standing Committee on Finance that approved the MDR revenue framework included five Congress MPs: P. Chidambaram, Manish Tewari, Gaurav Gogoi, Kishori Lal, and K. Gopinath. All five MPs were present on 12 August when the report was adopted without any rec…
The Rationale Behind Government's UPI Fee Decision
The Indian government has challenged Congress leader Rahul Gandhi's criticism of levying fees on UPI payments above Rs 2,000 to merchants. The government highlighted that a parliamentary standing committee, which included Congress MPs, had previously backed a tiered Merchant Discount Rate (MDR) framework for UPI. This move aims to ensure the financial sustainability of the UPI ecosystem and reduce its dependence on government subsidies, a concer…
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