Parliamentary panel flags need for viable revenue model to sustain UPI growth
A Parliamentary panel has highlighted a structural funding gap in the government’s incentive scheme for RuPay debit cards and low-value BHIM-UPI person-to-merchant (P2M) transactions, urging the need for a sustainable revenue model to ensure the long-term growth of the UPI ecosystem. The Standing Committee on Finance noted that while the government has allocated ₹2,000 crore…
