MDR on UPI transactions suspended – major victory for trade bodies
Prayagraj, 13 Oct (HS): A memorandum was submitted by Akhil Bhartiya Udyog Vyapaar Mandal to Narendra Modi through public representatives on October 2, demanding amendments to the MDR limit and monthly maximum limit on UPI transactio
Akhil Bhartiya Udyog Vyapaar Mandal welcomed the move


Prayagraj, 13 Oct (HS): A memorandum was submitted by Akhil

Bhartiya Udyog Vyapaar Mandal to Narendra Modi through public representatives

on October 2, demanding amendments to the MDR limit and monthly maximum limit

on UPI transactions. Under the leadership of District President Lalu Mittal,

the memorandum was submitted to Uttar Pradesh Cabinet Ministers Nand Gopal

Gupta and Nandi, MLA City North, Harshvardhan Vajpayee, and Phulpur MLA Deepak

Patel, demanding that the Prime Minister be conveyed the feelings and suffering

of small and micro-enterprises, traders, and middle-class families.

The organization thanked Prime Minister Narendra Modi and

Finance Minister Nirmala Sitharaman for postponing the MDR on UPI from October

15, for understanding the pain, sentiments and additional financial burden of

the traders. An official decision has been taken by the National Payment

Corporation of India (NPCI) that the MDR levied for the time being has been

postponed. In the Zoom meeting held today, the traders congratulated each other

and expressed gratitude to the public representatives, in which Cabinet

Minister Nandgopal Gupta Nandi played a major role, who immediately forwarded

the memorandum demand to the Prime Minister and the Finance Minister.

Prominently present in the meeting were trans-Ganga in-charge Rajendra

Kesarwani, Senior Vice President Ajay Awasthi, General Secretary Ravi Sharma,

Women District President Ratna Jaiswal, Nidhi Kesharwani etc.

Hindusthan Samachar / Abhishek Awasthi


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