UPI Charge Sparks Political War: Centre Says 96% Payments Free | Who Bears The Cost? | Briefing Room

In this episode of Briefing Room, anchor Madhavdas G discusses the political war over the new UPI Merchant Discount Rate (MDR) rules, with the Centre defending the revised framework and Opposition leaders questioning its impact on businesses and the public. The Centre has said that over 96% of UPI transactions will remain free and that the 0.4% MDR for specified merchant transactions is lower than typical debit card charges. Opposition leaders, including Congress and NCP-SP representatives, have raised concerns over the role of US-linked companies and the distribution of fees. The discussion examines the new UPI framework, who bears the cost and what the changes mean for India’s digital payments ecosystem.#upi #upimdr #upicharges #upifee #upirules #upidebate #upifeerow #digitalpayments #upiindia #npci #digitalindia #newshour #navikakumar #timesnow #englishnews