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

Economic Times - Sep 19, 2026

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.

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