Rajiv Kumar

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Banking, Fintech & Insurance 07 Oct 2026, 09:46 AM IST

UPI Fees Could Push Users Back to Cash, Warns Ex-NITI Aayog Vice-Chairman Rajiv Kumar

Former NITI Aayog vice-chairman Rajiv Kumar has warned that imposing merchant charges on UPI could slow India’s digital payments momentum and nudge users back toward cash. His remarks come after the government announced a 0.4% merchant discount rate on UPI transactions above Rs 2,000 from October 15, while keeping consumer payments free.

By RDU Global Wire4 min read

Banking, Fintech & Insurance07 Oct 2026, 02:40 AM IST

Rajiv Kumar Warns UPI Merchant Fees Could Drive Users Back to Cash

Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to keep UPI merchant payments free for several more years, warning that even a modest charge could slow adoption and push users back toward cash. His remarks come after the government said a 0.4% merchant discount rate will apply to UPI transactions above Rs 2,000 from October 15, while consumer payments remain free.

6 min readRead →

Banking, Fintech & Insurance05 Oct 2026, 04:29 PM IST

Rajiv Kumar Warns UPI Fees Could Drive Users Back to Cash

Former NITI Aayog vice-chairman Rajiv Kumar has cautioned that introducing merchant fees on UPI payments could slow India’s digital payments momentum and nudge users back toward cash. His remarks come after the government moved to levy a 0.4% merchant discount rate on UPI transactions above Rs 2,000 from October 15, while keeping consumer payments free.

5 min readRead →

Banking, Fintech & Insurance04 Oct 2026, 02:00 AM IST

UPI Fees Could Push Users Back to Cash, Warns Ex-NITI Aayog Vice-Chairman Rajiv Kumar

Former NITI Aayog vice-chairman Rajiv Kumar has warned that even a modest merchant fee on UPI could slow India’s digital payments momentum and drive some users back to cash. His remarks come after the government said a 0.4% merchant discount rate would apply to UPI payments above Rs 2,000 from October 15, while consumer transactions would remain free.

5 min readRead →

National Governance & Policy03 Oct 2026, 07:06 PM IST

Andhra Pradesh Removes 51 Doctors From Service Over Repeated Absence

The Andhra Pradesh government has removed 51 doctors from service after disciplinary action for remaining absent from duty, Health Minister said. The action covers 41 Assistant Professors, eight Associate Professors and two tutors, underscoring a hardening stance on absenteeism in the state’s public medical system.

5 min readRead →

India Entertainment & CultureJust now (06:34 AM IST)

At IDSFFK 2026, Malavika VN’s 'Viraamam' Turns the Projection Booth Into a Quiet Archive of Cinema

Malavika VN’s short documentary 'Viraamam' was screened in the short documentary competition section at the 18th International Documentary and Short Film Festival of Kerala, placing the often-invisible work of film projectionists at the centre of attention. The film arrives as a reminder that cinema is not only made by directors and performers, but also sustained by technicians whose labour shapes how audiences experience the moving image.

5 min readRead →

Banking, Fintech & InsuranceJust now (02:58 AM IST)

India’s Credit Card Spending Falls 2.8% in August as New Card Growth Slows

India’s credit card market showed signs of moderation in August, with spending slipping 2.8% month-on-month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. New card additions also eased, suggesting a softer pace of expansion even as year-on-year spending remained higher.

4 min readRead →

Banking, Fintech & InsuranceJust now (12:47 AM IST)

UPI Fees Could Push Users Back to Cash, Warns Former NITI Aayog Vice-Chairman Rajiv Kumar

Former NITI Aayog vice-chairman Rajiv Kumar has warned that even a small merchant fee on UPI transactions could slow India’s digital payments momentum and drive users back toward cash. His remarks come after the government announced a 0.4% merchant discount rate on UPI payments above Rs 2,000 from October 15, while keeping consumer transactions free.

5 min readRead →

Banking, Fintech & InsuranceJust now (02:17 PM IST)

UPI Fees Risk Slowing Digital Payments, Pushing Users Back to Cash, Warns Rajiv Kumar

Former NITI Aayog vice-chairman Rajiv Kumar has warned that even a small merchant fee on UPI could blunt India’s digital payments momentum and drive some users back to cash. His remarks come after the government said a 0.4% MDR will apply to UPI merchant transactions above Rs 2,000 from October 15, while consumer payments remain free.

6 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Rajiv Kumar:

NITI Aayog(8)New Delhi(8)Government of India(3)Narendra Modi(2)India(2)Woman Circle Officer(1)