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Keralam Assembly Passes Resolution Asking Union Govt. to Withdraw MDR Charges on UPI Transactions
Lawmakers said the 0.4% fee on UPI payments above ₹2,000 would raise business costs and amount to a new tax.
3 Articles
3 Articles
Kerala Assembly Passes Motion Against UPI MDR
The Kerala Legislative Assembly has passed a motion urging the central government to completely withdraw the proposed Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. Chief Minister V D Satheesan and CPI MLA K Rajan highlighted concerns that the MDR would increase business costs, harm small businesses, and reduce the appeal of digital payments, while the BJP argued it would not affect general public or small merchants.
The Kerala Assembly passed a resolution against the central move to charge fees for UPI transactions above Rs 2,000. BJP members opposed while UDF and LDF supported the resolution
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Total News Sources3
Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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