Congress alleges Modi government’s loot has reached UPI payments

The Congress party has accused the Modi government of extending its 'loot' to the Unified Payments Interface (UPI) system. The BJP responded sharply to these allegations, defending the government's policies on digital payments.

Congress claimed that the Modi government’s exploitation has now reached UPI, the popular digital payment platform. The party highlighted that the earlier policy of 'no fees on UPI' has been altered to 'no fees on UPI transactions up to ₹ 2,000.' This change implies that transactions above this limit may now incur charges.

The BJP hit back at the Congress allegations, rejecting the claim of any wrongdoing or exploitation related to UPI. The dispute centers on the fee structure for UPI transactions, with Congress accusing the government of surrendering to American pressure to impose charges. The BJP maintained that the changes are part of regulatory adjustments and not a form of loot.

According to the information available, fees of ₹ 2,000 and ₹ 300 were mentioned in the context of UPI transactions, alongside a figure of ₹ 75,000, though the exact details of these amounts were not clarified. Percentage figures such as 0.4%, 5%, 10%, and 65% were also cited but without further explanation.

No other sources have confirmed these figures or statements, and no official spokespersons’ names were provided in the available information. The controversy remains confined to the claims and counterclaims between Congress and BJP regarding UPI transaction fees.