UPI MDR decision made independently, says Finance Minister Sitharaman
By United One News · AI-generated summary of 2 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below: Finance Minister Nirmala Sitharaman said the decision to impose a merchant discount rate (MDR) on UPI transactions was made in a professional manner without external pressure. She explained that the rule was jointly developed by the National Payments Corporation of India, payment banks and merchant banks, and that it is not a tax or a government levy. The statement was issued in response to opposition claims that the government had yielded to foreign influence.
Covered by 2 outlets across the spectrum: 50% left, 0% center, 50% right.
How each side framed it
UPI MDR decision completely professional, no external pressure: FM Sitharaman
FM Dismisses Allegations Of Levying MDR On UPI Transactions Under External Pressure
Timeline
First reported by The Hindu on ; 2 articles from 2 outlets so far.
Who is covering this story
- Left-leaning (1): The Hindu
- Right-leaning (1): Deccan Chronicle