Congress MPs on Parliamentary Panel Did Not Dissent on UPI Charges, Sources Say
Quick Brief
Five Congress members serving on a parliamentary panel reportedly did not register any dissent regarding a recommendation to impose charges on UPI payments. The proposal, which calls for tiered MDR to be notified promptly, was detailed in the panel's 44th report released in August under the chairmanship of BJP leader Bhartruhari Mahtab.
What Happened?
According to sources, five Congress MPs sitting on the parliamentary committee that recommended placing a charge on Unified Payments Interface (UPI) transactions did not express dissent against the measure. The recommendation appeared in the panel's 44th report issued in August, which was led by committee chairman and BJP member Bhartruhari Mahtab, urging the prompt notification of tiered Merchant Discount Rate (MDR) structures.
Why It Matters
The revelation highlights the cross-party consensus or lack of formal opposition within the parliamentary panel regarding a potentially impactful change to digital transaction fees in India, drawing scrutiny toward the stance of opposition lawmakers on consumer-facing financial policies.
Key Facts
- Five Congress MPs served on the parliamentary panel that recommended charges on UPI payments.
- Sources indicate these lawmakers did not submit any dissent notes regarding the recommendation.
- The observation was published in the committee's 44th report in August.
- The panel is chaired by Bhartruhari Mahtab, a member of the BJP.
- The report calls for tiered MDR to be notified without delay.
Compiled from 1 outlet
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