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Rahul Gandhi Demands Rollback of Proposed UPI Fee
Rahul Gandhi wants the government to cancel a proposed fee linked to some UPI payments.
The fee would apply to merchant transfers above Rs 2,000.
It is scheduled to begin on October 15.
Small payments and payments between individuals would not be charged.
Gandhi called the measure a tax on Indians.
He also said Prime Minister Narendra Modi was giving in to pressure from the United States and President Donald Trump.
The Congress party made similar accusations about the policy.
The BJP rejected these claims and said consumers would not have to pay merchant discount rate charges.
Rahul Gandhi demanded that Prime Minister Narendra Modi withdraw what he called a “UPI tax.”
The government introduced a 0.4 per cent fee on merchant UPI transfers above Rs 2,000, effective October 15.
Person-to-person transactions and small UPI payments were explicitly excluded from the proposed charge.
Gandhi alleged the fee resulted from US pressure and would give money to the United States.
The BJP accused Congress of spreading fake news, saying consumers would not be charged merchant discount rate fees.
- Who
- Congress leader Rahul Gandhi, Prime Minister Narendra Modi, the Congress party and the Bharatiya Janata Party.
- What
- Gandhi demanded the rollback of a proposed 0.4 per cent fee on certain UPI merchant transfers.
- Where
- The remarks were made in a video posted on X; the report was datelined New Delhi.
- When
- Gandhi made the demand on Wednesday, September 16; the fee is scheduled to begin on October 15.
- Why
- Gandhi said the fee reflected US pressure and would burden Indians, while the BJP said consumers would not be charged merchant discount rate fees.
Congress and Rahul Gandhi
Bharatiya Janata Party and Government Position
Nature of the UPI charge
Congress and Rahul Gandhi
Rahul Gandhi described the proposed fee as a “UPI tax” affecting Indians and demanded its rollback.
Bharatiya Janata Party and Government Position
The BJP said the charge would not be levied on consumers as a merchant discount rate fee.
Role of the United States
Congress and Rahul Gandhi
Gandhi and Congress alleged that the policy resulted from US pressure and accused Modi of appeasing Donald Trump.
Bharatiya Janata Party and Government Position
The BJP rejected Congress’s characterization as fake news; the articles do not report a detailed BJP response to the US-pressure allegation.
Who bears the cost
Congress and Rahul Gandhi
Gandhi said the measure would effectively tax Indian people and give a large amount of money to the United States.
Bharatiya Janata Party and Government Position
The government position described in the reports ring-fences person-to-person and small payments, while the BJP emphasized that consumers would not be charged merchant discount rate fees.
Key facts
- Proposed fee
- 0.4 per cent
- Covered payments
- UPI transfers above Rs 2,000 made to merchants
- Effective date
- October 15
- Exempted payments
- Person-to-person transactions and small payments
- Demand
- Rahul Gandhi called for the fee to be withdrawn
- Congress allegation
- The government gave in to a US demand to end zero merchant discount rate
- BJP response
- Congress was accused of spreading fake news, and the government said consumers would not face merchant discount rate charges
Quotes
Rahul Gandhi
Congress leader and critic of the government’s UPI fee
“He (Modi) has put a tax on every single Indian person by taxing UPI and giving a huge amount of money to the United States.”
theprint.in
“stop lying down in front of the US, have a spine, stand up”
deccanchronicle.com
Sources
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