twoclicksnorth

> The Indian Govt. has already shown their intentions in their parliament.

Running Payment infrastructure have a cost for banks. somebody has to pay for it though taxes or fees.

> RBI has became a puppet of it (shown by their actions time and time). They tried getting judiciary (SC) but couldn't get it this time.

RBI is central bank. Its a statutory institution that is answerable to Elected Govt what are you expecting ? Its the Supreme court regularly oversteps its limits and plays govt.

> The big UPI mandates corps. (PhonePe, Paytm, and GPay), in India, have started to put transxn fees on UPI transactions.

Only for transactions greater than 2000 and that too very low. This wouldn't affect poor at all.

> Just like cryptocurrencies (no regulations whatsoever but flat 30% on all the profits), the govt. will find a way to get the juice out of UPI sooner or later. All thanks to that dumb finance minister.

Cryptocurrencies are a grift and Govt is right to ban it. Say what you will of the Govt about stupid religious policies and idiotic and pompous schemes and outright undemocratic policing situation but so far gov has done a good job as far as fiscal health and Currency stability are concerned.

al transactions in usd are settled in US. even if trade happens in other places. hence they have the ability.

Well a little more context will do. The man tweeted he needed oxygen to a famous celebrity. A union minister herself called him twice to help. As he was not answering she asked district magistrate to help. They found that man's grandfather is not suffering from covid and not admitted to any hospital and under private care. So the man just fired a tweet thus police has questioned him and let him go.

When a measure becomes a target, it ceases to be a good measure.