Thursday, 15 Oct 2026 Breaking: "Sufficient merit": Expert backs India's Starlink licensing stance after reports of restriction in Ukraine
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
National

"Great injustice to every section of society": DK Shivakumar opposes UPI MDR charges, seeks withdrawal

"Great injustice to every section of society": DK Shivakumar opposes UPI MDR charges, seeks withdrawal

Kalaburagi (Karnataka) [India], September 17 (ANI): Karnataka Chief Minister DK Shivakumar on Thursday opposed the revised Merchant Discount Rate (MDR) framework for select Unified Payments Interface (UPI) transactions, calling it a "great injustice" to every section of society and urging the Centre to withdraw the decision.
On UPI MDR transaction charges, Shivakumar said merchants and traders would likely pass the additional costs on to consumers.
"A great injustice to every section of society. Businessmen and traders will naturally pass these costs down to the common man. There was no need to pass these charges on to the public. We strongly appeal for this decision to be withdrawn," he told reporters.
Revolutionary Socialist Party MP NK Premachandran also opposed the revised framework, saying that the levy would ultimately place an additional burden on consumers.
"Imposing a levy on UPI transactions will ultimately place an additional burden on the common people, particularly customers. The government argues that the charge will be paid by shop owners or merchants. However, merchants are unlikely to absorb this cost themselves. Instead, it will be passed on directly to customers," Premachandran told ANI.
He said the proposed 0.4 per cent levy on transactions above Rs 2,000, with a maximum charge of Rs 300, would indirectly affect consumers and demanded that the decision be reviewed and withdrawn.
"A levy of 0.4% on transactions above Rs 2,000, with a maximum charge of Rs 300 per month, will indirectly affect consumers. This is why we are demanding that the decision be reviewed and withdrawn. On one hand, the Government of India is actively promoting digital payments and encouraging people to move towards a cashless economy. On the other hand, it is imposing charges on those very transactions. These two approaches are contradictory," he said.
Meanwhile, Karnataka Minister Eshwar Khandre, speaking in Bidar, said he supported Congress leader Rahul Gandhi's demand for withdrawal of the UPI MDR framework.
"I support Shri Rahul Gandhi's demand. The central government should immediately withdraw it. Otherwise, we will have to launch an agitation against the Government of India," Khandre said.
Khandre was speaking on the occasion of Kalyana Karnataka Day and also extended greetings to the people while paying tribute to those who sacrificed their lives for the region's liberation.
"I wish everyone a happy Kalyana Karnataka Day. I pay my tributes to all those who sacrificed their lives for the liberation of Kalyana Karnataka," he said.
He also congratulated actor Anant Nag on receiving the Dadasaheb Phalke Award.
"I would like to congratulate Anant Nag on receiving the Dadasaheb Phalke Award. We are all very proud of him. I pray to God to bless him with strength, good health, and a long life," he said.
Meanwhile, a political row has emerged over the revised UPI MDR framework announced by the National Payments Corporation of India (NPCI).
Under the new framework, a 0.4 per cent MDR will apply to select Person-to-Merchant (P2M) UPI transactions above Rs 2,000, capped at Rs 300 per transaction. The framework is scheduled to come into effect from October 15, 2026.
The Centre has maintained that MDR is neither a tax nor a charge collected by the government, but is distributed among participants in the digital payments ecosystem, including banks and payment application providers.
Centre has said UPI will continue to remain completely free for all person-to-person transactions, irrespective of the amount transferred.
Payments to merchants up to Rs 2,000, along with transactions covered under the zero-MDR framework for small merchants, will also remain free. Consequently, approximately 96% of all P2M transactions will remain unaffected. MDR will apply only to specified merchant transactions above Rs 2,000. (ANI)

Tags

Related News

Kashi, plagued by filth and stray cattle before 2014, now has a “new aura” under PM Modi: CM Yogi
National
Kashi, plagued by filth and stray cattle before 2014, now has a “new aura” under PM Modi: CM Yogi

<p>Varanasi (Uttar Pradesh) [India], October 15 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath on Thursday said tha...

"Three attempts on my life by Delhi Police": Saurabh Bharadwaj alleges strangulation attempts, seeks FIR and independent probe
National
"Three attempts on my life by Delhi Police": Saurabh Bharadwaj alleges strangulation attempts, seeks FIR and independent probe

<p>New Delhi [India], October 15 (ANI): Aam Aadmi Party (AAP) Delhi president Saurabh Bharadwaj has filed a written comp...

CJI Surya Kant inaugurates extension wing of Delhi Govt health centre in Supreme Court premises
National
CJI Surya Kant inaugurates extension wing of Delhi Govt health centre in Supreme Court premises

<p>New Delhi [India], October 15 (ANI): Chief Justice of India (CJI) Surya Kant inaugurated an extension wing of the Del...

Mumbai Police Issues ‘Leave India’ notice to Bollywood actor Imran Khan
National
Mumbai Police Issues ‘Leave India’ notice to Bollywood actor Imran Khan

<p>Mumbai (Maharashtra) [India], October 15 (ANI): Mumbai Police has issued a ‘Leave India’ notice to actor Imran Khan,...

Mary Millben’s remarks on CJP spark political row; Congress calls it "old BJP trick", Telangana BJP alleges foreign funding
National
Mary Millben’s remarks on CJP spark political row; Congress calls it "old BJP trick", Telangana BJP alleges foreign funding

<p>New Delhi [India], October 15 (ANI): Congress MP Pramod Tiwari on Thursday called American singer Mary Millben’s rema...

“Fight for justice will neither be silenced nor stopped”: Rahul Gandhi on detention of Ankita Bhandari’s parents
National
“Fight for justice will neither be silenced nor stopped”: Rahul Gandhi on detention of Ankita Bhandari’s parents

<p>New Delhi [India], October 15 (ANI): Leader of the Opposition in the Lok Sabha, Rahul Gandhi, on Thursday criticised...