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    NITI Aayog VC defends UPI merchant fee

    The Economic Times
    September 16, 2026
    via The Economic Times

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    NITI Aayog VC defends UPI merchant fee

    NITI Aayog Vice Chairman Ashok Kumar Lahiri on Wednesday defended the government’s decision to impose a merchant discount rate (MDR) on UPI transactions, saying businesses need to find ways to remain sustainable without depending on subsidies, according to PTI.Lahiri cited ancient Indian teacher and

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