Kerala traders urge complete withdrawal of MDR on UPI transactions

Thiruvananthapuram, Oct 13 (UNI) The Kerala Vyapari Vyavasayi Ekopana Samithi has welcomed the decision to defer the proposed Merchant Discount Rate (MDR) on UPI transactions, but urged the authorities to withdraw the move altogether, stating that it would adversely affect small traders. Samithi state president S.S. Manoj, who is also the national secretary of the Confederation of All India Traders (CAIT), said postponing the implementation would not resolve the concerns of traders, whose financial difficulties would persist even after the festive season. He said union Finance Minister Nirmala Sitharaman had held discussions with CAIT leaders at Kartavya Bhavan on September…