Keralam Assembly passes resolution asking Union govt. to withdraw MDR charges on UPI transactions
The Kerala Assembly passed a resolution urging the Union government to withdraw Merchant Discount Rate (MDR) charges on UPI transactions exceeding ₹2,000. The motion, supported by the ruling UDF and moved by a CPI MLA, criticizes the move as a pro-corporate policy.
Why it matters
The resolution highlights growing political friction regarding the monetization of digital public infrastructure and the impact of transaction fees on the general public.
Keralam Assembly passes resolution asking Union govt. to withdraw MDR charges on UPI transactions left MLA K. Rajan, who passed a resolution in the Keralam Assembly against MDR charges on UPI transactions. https://th-i.thgim.com/public/incoming/mwlqcu/article71589135.ece/alternates/FREE_1200/80968_8_12_2024_20_25_16_2_NIT_9118.JPG R_K_Nithin KOCHI, Kerala,08/12/2024 : Revenue Minister K. Rajan inaugurates the Kanam Rajendran Memorial Meeting organised by the CPI Ernakulam District Committee at the Town Hall on Sunday. | Photo Credit: R.K. Nithin Ruling UDF supports the resolution passed by CPI MLA K. Rajan, while two BJP MLAs oppose it THIRUVANANTHAPURAM The Keralam Assembly on Thursday passed a resolution urging the Union government to withdraw its decision to levy Merchant Discount Rates (MDR) for UPI transactions exceeding ₹2,000. Two Bharatiya Janata Party (BJP) MLAs opposed the resolution even as the ruling United Democratic Front (UDF) supported the motion moved by Communist Party of India (CPI) MLA K. Rajan.
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