Congress raps Modi over UPI move; asks if govt bowed to US whim on zero-MDR policy

Jairam Ramesh on Wednesday criticised the government of giving in to US pressure by ending the zero-MDR regime for certain UPI transactions, question the move and asking whether it was intended to help US card companies compete with India’s digital payments system.

He also took a swipe at PM Modi in his X(formerly Twitter post), saying he had “redefined NOTA” as “Narendra’s Ongoing Trump Appeasement”.