AICPDF and AIMRA withdraw from October 2 No UPI Day protest
In short
AICPDF and AIMRA have pulled back from their October 2 protest after meeting the finance minister. They had wanted the government to delay the proposed UPI MDR and lift the threshold to Rs 5 lakh.
This lowers the chance of a protest over UPI payment charges. The report does not say whether the government agreed to their demands.
What the reporting says
AICPDF and AIMRA withdrew from the October 2 protest after meeting the finance minister, with the groups urging the government to defer the proposed UPI MDR and raise the threshold limit to Rs 5 lakh. The reporting shows the protest was planned around UPI charges, but the government response was not stated. The immediate effect is that the protest will not go ahead as originally planned.
Why it matters
AICPDF and AIMRA withdrew from the planned October 2 No UPI Day protest after meeting the finance minister. The groups had asked the government to defer the proposed UPI MDR and increase the threshold limit to Rs 5 lakh. The reporting does not state whether the government accepted those requests, so the policy outcome remains unclear.