Prayagraj, 3 Oct (HS): A memorandum was submitted to PM Narendra

Modi through public representatives for amendment in the MDR limit and monthly

maximum limit on UPI transactions. Under the leadership of District President

Lalu Mittal, while submitting the memorandum to Uttar Pradesh Government's

Cabinet Minister Nand Gopal Gupta, Nandi, MLA City North, Harshvardhan

Vajpayee, MLA Phulpur Deepak Patel, demanding to convey the pain of the traders

to the Prime Minister, it was said that the minimum transaction limit for the

implementation of MDR should be increased from Rs. 2000 to Rs. 10000 and the

monthly maximum MDR limit should be increased from Rs. 100000 to Rs. 500000.

Lalu Mittal urged that UPI has become an important and widespread medium for

digital payments in the country today. Especially for small and medium-sized

businesses, entrepreneurs, and consumers, UPI has made the payment process

simple, quick, and convenient. Small businesses should not be burdened with

unnecessary financial burdens and should continue to adopt UPI and digital

payments without any additional pressure.

The All India Industry Trade Board believes that a policy should be developed

that will ensure that traders are not forced to turn away from digital payments

and return to cash transactions. Among those who submitted the memorandum were

Ganga Par in-charge Rajendra Kesarwani, Senior Vice President Ajay Awasthi,

General Secretary Ravi Sharma, Women District President Ratna Jaiswal, Nidhi

Kesarwani, and others.

Hindusthan Samachar / Abhishek Awasthi