Ashneer Grover Opposes Fees on UPI Transactions Over ₹2,000
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AI-generated summary of the coverage listed below: Ashneer Grover, co‑founder of BharatPe, criticized a proposal to impose fees on Unified Payments Interface (UPI) transactions above ₹2,000, arguing it would act as a hidden tax and could drive India back toward a cash‑based economy. The move would affect millions of users and merchants across the country, raising concerns about the impact on digital payments and financial inclusion. QUOTE: "Charges would amount to a tax," says Grover.
Covered by 6 outlets across the spectrum: 0% left, 67% center, 33% right.
Who is covering this story
- Center (3): Free Press Journal, Mid-Day, The New Indian Express
- Right-leaning (2): Deccan Chronicle, India Today
Sources
- People Fear UPI Fee Will Bring Cash Back — Deccan Chronicle (right-leaning)
- UPI MDR Debate: Traders Divided Over 40 Basis Point Charge On Large Digital Payments, Warn Of Cash Shift And Tax Risks — Free Press Journal (center)
- 'India Could Become Cash Economy Again': Ashneer Grover Slams Possible Charges On UPI Transactions Above ₹2,000 — Free Press Journal (center)
- BJP Slams Congress Over UPI MDR Charge; Row Erupts Over Proposed Digital Payment Fee — India Today (right-leaning)
- Will you levy air usage charge on flying cars? — Mid-Day (center)
- Congress leader Surjewala warns UPI charges will burden consumers, small traders — The New Indian Express (center)