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Government may do away with UPI subsidies as MDR revenue kicks in
Summary by Times of India
4 Articles
4 Articles
The Economic TimesReposted by 
Times of India
Times of IndiaGovernment may do away with UPI subsidies as MDR revenue kicks in
Government may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay transactions are being phased out. No new subsidies have been paid for transactions since April 2025. This shift aims to make the payment ecosystem self-sustaining and reduce taxpayer burden. Incentive disbursements have significantly decreased in recent fiscal years.
·Mumbai, India
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The government is considering permanently eliminating the subsidy on small UPI transactions. Banks will begin to earn revenue once the MDR on large payments is implemented on October 15th.
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Total News Sources4
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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