India must not rewrite its UPI policies under US pressure: GTRI - The Economic Times
India's UPI policies should not be altered due to United States pressure. A think tank advises defending competition and policy autonomy for the payments ecosystem. Recent legislation allows charges on UPI and other electronic payment modes. This change follows criticism from the US Trade Representative's report. India should maintain data localization rules for national security and fraud prevention.
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‘India should not alter its UPI policies by yielding to US pressure’: Think tank issues ‘stern warning’ to government