Brief by Shorts91 Newsdesk / 07:22pm on 15 Sep 2026,Tuesday Politics
Leader of Opposition Rahul Gandhi accused the Modi government of caving to pressure from American payment companies after the finance ministry's latest UPI notification. He said the rule capping the no-charge protection at transactions up to Rs 2,000 opens the door to fees on merchant payments above that limit through MDR. Gandhi argued that although such transactions are only 5% by volume, they make up nearly 65% of UPI's total value, and any merchant fee would ultimately be passed on to customers. "Compromised PM Modi is once again surrendering to American pressure," he said.