Political Critique: UPI Tax Seen as Bowing to US Pressure

Congress General Secretary K.C. Venugopal likened the UPI tax decision to “kneeling before the United States.” He argued that the policy reflects an external pressure on India’s financial sovereignty and penalises Indian consumers.

Venugopal said the move signals a willingness to compromise on domestic economic interests in order to placate foreign expectations, effectively punishing the Indian public for geopolitical considerations.