India's UPI miracle has a money problem; can Budget 2026 fix it?
Published on: Jan. 16, 2026, 12:56 p.m. | Source: The Economic Times
Union Budget News: India's UPI digital payment system faces a crucial decision ahead of Budget 2026. While UPI has revolutionized transactions, its zero Merchant Discount Rate policy is straining payment companies and banks. Urgent action is needed to ensure the system's long-term viability and continued growth across the nation.
