1 week ago
Land Regularisation Measures Announced as UPI Fee Faces Opposition
The state government wants to help solve problems involving certain properties that cannot normally be registered.
These properties are listed under Section 22-A rules.
The government plans to create new rules and committees to check applications.
Eligible property owners may then be able to register their properties.
Separately, a group called the Swadeshi Jagran Manch criticized a new fee for some UPI payments.
The fee would be 0.4 per cent for merchant transfers above Rs 2,000 starting October 15.
Everyday payments between people and small payments would not be charged.
The group says banks do not need this fee and that it could weaken UPI’s success.
Chief Minister Revanth Reddy outlined measures to address properties on the prohibited lands list under Section 22-A of the Registration Act.
The state government plans new regularisation policies and committees to review pending applications and enable registrations in eligible cases.
The Swadeshi Jagran Manch urged the Union government to reconsider a proposed merchant discount rate on UPI merchant transactions above Rs 2,000.
The 0.4 per cent fee is scheduled to apply from October 15 to qualifying merchant transfers, while person-to-person payments and small payments are exempt.
The Swadeshi Jagran Manch said the fee is not justified by actual costs and could harm a major national achievement.
- Who
- Chief Minister Revanth Reddy and the state government are addressing Section 22-A land matters; the Swadeshi Jagran Manch is opposing the UPI fee introduced by the Union government.
- What
- The government announced land regularisation and review measures, while the Swadeshi Jagran Manch called for reconsideration of a merchant discount rate on certain UPI transactions.
- Where
- The land measures concern properties on the state’s prohibited lands list, while the fee concerns merchant transactions made through UPI.
- When
- The UPI fee is scheduled to begin on October 15; the Swadeshi Jagran Manch’s remarks came a day after the fee was introduced.
- Why
- The land measures are intended to resolve pending Section 22-A issues and enable eligible registrations; the Swadeshi Jagran Manch says the UPI fee is unwarranted and could undermine UPI.
Fee Implementation
Fee Opposition
Whether the UPI fee is justified
Fee Implementation
The Union government introduced a 0.4 per cent fee on merchant transfers above Rs 2,000, while excluding person-to-person transactions and small payments.
Fee Opposition
The Swadeshi Jagran Manch says the fee is not supported by actual costs, is unnecessary because UPI has reduced banks’ infrastructure costs, and could undermine a major national achievement.
Key facts
- Land law
- Section 22-A of the Registration Act covers properties included in the prohibited lands list.
- Land proposal
- The state government plans new regularisation policies.
- Review mechanism
- Committees will examine pending applications and facilitate registrations in eligible cases.
- UPI fee
- A 0.4 per cent fee is scheduled for qualifying merchant transfers above Rs 2,000.
- Effective date
- The UPI fee is scheduled to apply from October 15.
- Exemptions
- Person-to-person transactions and small payments are ring-fenced from the charge.
- Criticism
- The Swadeshi Jagran Manch said banks have not demanded the fee and that UPI has reduced their operational costs.
Sources
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