The Economic Times

'Everything on record': Parliamentary Finance panel chief defends unanimous Standing Committee report amid UPI MDR row

Bhartruhari Mahtab defended the finance committee's report on Demands for Grants. Congress MP Manish Tewari rejected claims of opposition support for MDR proposals. The committee's report explored a possible revenue model for digital payments. The government is currently exploring options for restoring MDR on certain transactions. New UPI MDR framework for merchant transactions will take effect soon.