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    "@id": "https://niharikatimes.com/en/article/ashneer-grover-says-india-may-return-to-cash-economy-over-upi-charges",
    "url": "https://niharikatimes.com/en/article/ashneer-grover-says-india-may-return-to-cash-economy-over-upi-charges",
    "article_id": 8270,
    "headline": "Ashneer Grover Says India May Return to Cash Economy Over UPI Charges",
    "summary": "Ashneer Grover has warned that introducing charges on UPI transactions above Rs 2,000 could lead India to revert to a cash-based economy. He emphasized that such fees might discourage digital payments and affect the growth of the digital economy. This statement comes amid ongoing discussions about levying charges on higher-value UPI transactions.",
    "articleBody": "Ashneer Grover, a noted business expert, has expressed concern that India could revert to a cash-based economy if charges are introduced on Unified Payments Interface (UPI) transactions exceeding Rs 2,000. He made this statement on September 15, highlighting potential consequences for digital payments.\n\nGrover warned that imposing fees on UPI transactions above Rs 2,000 could discourage digital payments and push people back towards cash usage. He emphasized the importance of keeping digital transactions free to maintain the momentum of India's digital economy.\n\nThe expert's remarks come amid discussions on whether to levy charges on higher-value UPI transactions, a move that could affect millions of users and merchants across the country.\nयह भी पढ़ें\nNPCI Consults Banks on Fees for Large UPI Transactions\nPM Modi urges fintech sector to expand beyond payments globally\nNew UPI Rule May Charge Transactions Above Rs 2,000\nWhatsApp Launches Bill Payments for Electricity, Gas, FASTag in India",
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    "published_at": "2026-09-15T11:46:10+00:00",
    "updated_at": "2026-09-15T11:46:10+00:00",
    "language": "en",
    "authors": [
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            "name": "निहारिका टाइम्स न्यूज़ डेस्क",
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        "Ashneer Grover warns India may revert to cash economy",
        "UPI charges may apply on transactions above Rs 2,000",
        "Digital payments could decline if UPI fees are introduced",
        "Millions of users and merchants may be affected",
        "Grover urges keeping digital transactions free"
    ],
    "faq": [
        {
            "question": "Who is Ashneer Grover?",
            "answer": "Ashneer Grover is a noted business expert commenting on digital payments."
        },
        {
            "question": "What could happen if UPI charges are imposed?",
            "answer": "People might reduce digital payments and revert to cash transactions."
        },
        {
            "question": "What value of UPI transactions is considered for charges?",
            "answer": "Charges are being considered for transactions exceeding Rs 2,000."
        },
        {
            "question": "Why is it important to maintain free digital transactions?",
            "answer": "Free transactions help sustain the momentum of India's digital economy."
        }
    ],
    "timeline": [
        {
            "date": "September 15",
            "event": "Ashneer Grover expresses concern over potential UPI charges"
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    "key_numbers": [
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            "value": "Rs 2,000",
            "context": "Threshold for applying UPI transaction charges"
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            "quote": "India could revert to a cash-based economy if charges are introduced on UPI transactions exceeding Rs 2,000",
            "speaker": "Ashneer Grover"
        },
        {
            "quote": "Imposing fees on UPI transactions above Rs 2,000 could discourage digital payments and push people back towards cash usage",
            "speaker": "Ashneer Grover"
        },
        {
            "quote": "It is important to keep digital transactions free to maintain the momentum of India's digital economy",
            "speaker": "Ashneer Grover"
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