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Andhra’s 23-cluster strategy spans quantum, horticulture, rare earths: Nara Lokesh

New Delhi: Andhra Pradesh is developing 23 sector-specific clusters spanning quantum technology, horticulture, rare earth minerals, biomedicine, pharmaceuticals, artificial intelligence and data centres as part of a strategy to attract investment, drive innovation and create jobs across skill levels, IT Minister Nara Lokesh said. Speaking at a fireside chat organised by the Public Affairs Forum…

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Proposed UPI Merchant Discount Rate not a tax, cess or surcharge; will not burden consumers: FM

New Delhi:  The proposed Merchant Discount Rate (MDR) on select high-value UPI transactions is neither a tax, cess nor a surcharge, and the collections will not accrue to the government, Finance Minister Nirmala Sitharaman said, rejecting criticism from Opposition parties. The Finance Minister said the MDR is a charge within the digital payments ecosystem and…

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