00:00As expected, the new UPI rule has triggered a political firestorm with both the centre and opposition
00:06trading sharp barbs over the digital payments landscape. Let's listen in to who said what.
00:22The UPI notification has become the latest flashpoint between the Narendra Modi government and the opposition.
00:34The move has drawn sharp criticism from the Congress Party, which has dubbed the 0.4% MDR on UPI
00:41transactions above 2,000 rupees, the Modi tax.
00:46The party says the Prime Minister popularised UPI and sought credit for building a cashless economy, but now is effectively
00:54taxing people for using it.
00:58Leader of Opposition Rahul Gandhi has once again accused the Prime Minister of being compromised, alleging that he is surrendering
01:05to U.S. pressure.
01:33The BGP has hit back, calling the Congress.
01:36The BGP has hit back, calling the Congress.
01:36A Jhoot ke Dukaan and accusing it of spreading fake news over possible charges on UPI transactions.
02:07The BGP maintains that person-to-person UPI transactions continue to be
02:12free.
02:13The message from the government is clear.
02:16Aam Admi will not be burdened.
02:18But how pocket-friendly will UPI remain, only time will tell.
02:23Bureau Report, India Today.
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