India news Live Updates, 13 October 2026: Jairam Ramesh asks if Centre is preparing for U-turn on UPI MDR

In India, Congress leader Jairam Ramesh has questioned the government's intentions regarding the Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions, suggesting a possible U-turn in policy.

Ramesh's remarks come amidst ongoing discussions about the MDR, which is the fee that merchants pay for accepting digital payments.

The government has been exploring ways to reduce this fee to encourage digital transactions, but the final decision is yet to be announced.