Politics · India
Lok Sabha Passes Bill on UPI Charges; Opposition Raises Concerns
The Lok Sabha has passed the Payment and Settlement Systems Bill, 2023. The bill has sparked debate regarding potential charges on UPI transactions. Opposition parties have raised concerns, with some referencing former US President Donald Trump in their critique. Finance Minister Nirmala Sitharaman has clarified the government's stance on Merchant Discount Rate (MDR) charges for UPI transactions, particularly for amounts exceeding ₹2,000.
How outlets across the spectrum covered it
Left 2 · Centre 7 · Right 5 n = 14
- Left (2): The Telegraph (India), The Wire
- Centre (7 votes, 8 outlets): Amar Ujala, Business Standard, Deccan Herald, Mint, NDTV, Navbharat Times · The Times of India (Times Group — 1 vote), The Free Press Journal
- Right (5): Aaj Tak, Firstpost, Republic World, Swarajya, The Pioneer
- International (1): Bloomberg