'We Fail to Appreciate What We Get for Free': Omar Abdullah Backs UPI MDR Charges
Abdullah said the levy can help fund UPI infrastructure, but he urged the government to spare person-to-person transfers and low-value retail payments.
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LatestlyJ-K: CM Omar Abdullah says govt should ensure UPI MDR charges do not burden common people
"These charges do not apply to everyone. There are no charges for person-to-person money transfers. Furthermore, individual consumers will not face charges unless they exceed a certain threshold,” he said.
J&K CM Omar Abdullah backs Centre on UPI row
Srinagar, Sep 16 (PTI) Jammu and Kashmir Chief Minister Omar Abdullah backed the Centre on Wednesday over a levy for UPI transactions, saying maintaining and operating the digital-payment infrastructure is not cheap, but cautioned the government to protect retail consumers. “This charge is not being levied on everyone. First of all, person-to-person money transfers carry […]
Omar Abdullah Backs UPI Charges, Urges Consumer Protection
Jammu and Kashmir Chief Minister Omar Abdullah has expressed support for the Centre's decision to levy charges on UPI transactions, citing the cost of maintaining the digital payment infrastructure. However, he emphasised the need to protect retail consumers from these fees. Abdullah also discussed the upcoming seven-day Assembly session, highlighting the government's commitment to smooth functioning and addressing MLAs' concerns, and touched up…
Omar has been seen repeatedly supporting the Modi government on various issues in recent times. Earlier, he had escalated the conflict with the Congress by singing all the verses of 'Vande Mataram' at the Kashmir Film Festival. A few days ago, he also 'promoted' the success of the Modi government at the BRICS summit.
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