‘PM Modi has decided to prostrate before Trump’: Rahul Gandhi’s ‘UPI tax’ jibe
Rahul Gandhi, a senior member of the Congress party, criticized Prime Minister Narendra Modi for imposing a charge on UPI payments exceeding Rs 2,000. In a video message, Gandhi remarked, "Modiji has chosen to lie down straight and bow before US President Donald Trump." This came following the National Payments Corporation of India (NPCI) announcing a revised merchant pricing framework.
Under this framework, a 0.4 percent Merchant Discount Rate (MDR) will be applicable to eligible person-to-merchant (P2M) UPI transactions above Rs 2,000, starting October 15, 2026. The charge will be borne by the merchant and capped at Rs 300 for transactions of Rs 75,000 and above. Gandhi contended that the new pricing structure equates to a "tax" on Indian citizens, as it will generate significant revenue for the United States. He urged Modi to abandon this stance and stand up against the United States.
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