Five Congress MPs including P Chidambaram backed tiered UPI revenue report with no dissent
- Five Congress MPs, including P Chidambaram, were present when a panel adopted a report on tiered UPI revenue on 12 August.
- No dissent was recorded, prompting the government to question Rahul Gandhi's criticism of the new 0.4% MDR charge.
- The panel cited a funding gap, saying government incentives cover just 11% of the UPI ecosystem's actual costs.
- The new MDR framework takes effect from 15 October, charging merchants above Rs 2,000, not consumers.
Source: news18.com
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