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The Middle Class Squeeze: How Policy Changes Like GST and UPI Fees Burden Ordinary Indians

By BPN News Desk July 26, 2025
Op-Eds Opinion
India’s middle class has always been the backbone of the nation’s economic aspirations. They are the early adopters of new technologies, the primary drivers of consumption, and the segment that most willingly embraces government initiatives aimed at modernization. Yet, time and
Government Policies National

Govt May Charge MDR on UPI Payments Over ₹3,000

By BPN News Desk June 11, 2025
India is exploring the reintroduction of a modest Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions exceeding ₹3,000. This potential shift aims to bolster the sustainability of the country’s booming digital payments system without impacting everyday users. UPI charges Since UPI’s launch in 2016 and the removal of MDR in early 2020, it […]

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