# UPI and the cost of policy reversal — retained record

> Retained news record from news:india-hindu-business.

Canonical: https://highsignal.app/data/records/b46e761972c5d43f

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source: [news](https://highsignal.app/data/news) (news:india-hindu-business)  published 2026-10-25 17:09 ingested 2026-10-26 02:57

[original source ↗](https://www.thehindu.com/business/Economy/upi-and-the-cost-of-policy-reversal/article71328209.ece)

## retained text



```
The government’s proposal to allow an MDR of 0.25–0.5% on UPI transactions above ₹2,000 reverses a decade-long policy; taxing the payment rail could weaken incentives for banks and fintechs to invest in UPI while undermining its role in financial inclusion, formalisation and wider digital adoption
```



document fetched 2026-10-26 02:57 · canonical https://thehindu.com/business/Economy/upi-and-the-cost-of-policy-reversal/article71328209.ece