Lucknow (PTI): BSP chief Mayawati on Tuesday blamed the "casteist" people of the Jat community of the state for the adverse Haryana assembly election results and advised them to change their mentality.

The Bahujan Samaj Party (BSP) had fought the Haryana polls in alliance with the Indian National Lok Dal (INLD), the regional party.

The BJP stunned its rivals with its performance, winning the state polls for a third time in a row by bagging 48 seats of 90 seats, while the Congress managed 37 and the INLD scored victory on just two as three went to Independent candidates, according to the Election Commission.

The BSP pocketed 1.82 per cent vote share while its ally INLD got 4.14 per cent, the data analysis on the EC website showed.

Mayawati, the former Uttar Pradesh chief minister, on Tuesday night took to social media platform X and said, "The BSP and the INLD fought the Haryana assembly general election in alliance. But today's result shows that the casteist people of the Jat community did not vote for the BSP due to which the party candidates lost on some seats by a small margin of votes, although the BSP's entire vote was transferred."

"The people of the Jat community of UP have changed their casteist mentality to a great extent and they have become MLAs from the BSP and ministers in the government. The people of the Jat community of Haryana should also follow their footsteps and change their casteist mentality. This is a special advice," Mayawati posted in Hindi.

She expressed her heartfelt gratitude to all the BSP members for fighting this election with "full strength" and assured them that their hard work will not go in vain.

"People should not be disappointed nor lose hope. But they should be ready to make their own path. A new path will emerge," she added in the three-part post.

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Mumbai (PTI): The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to Rs 5,000 and per-transaction limit to Rs 1,000, in order to encourage wider adoption of the popular instant payment system through mobile phones.

A limit of Rs 500 per transaction and an overall limit of Rs 2,000 per UPI Lite wallet, is presently applicable, with the facility of auto-replenishment.

Unveiling the October bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das also said the per-transaction limit in UPI123Pay will be enhanced to Rs 10,000 from the current Rs 5,000.

UPI123 was launched in March 2022, with a view to enable feature-phone users to use UPI. This facility is now available in 12 languages.

In another customer-friendly initiative, Das announced a beneficiary account name look-up facility for Real Time Gross Settlement System (RTGS) and National Electronic Funds Transfer (NEFT) systems will be introduced.

Payment Systems like UPI and IMPS provide a facility to the remitter to verify the name of the receiver (beneficiary) before initiating a payment transaction.

There have been requests to introduce such a facility for RTGS and NEFT systems, the Governor said.

"Accordingly, to enable remitters in RTGS and NEFT to verify the name of the beneficiary account holder before initiating funds transfer, it is now proposed to introduce a ‘beneficiary account name look-up facility’," he said.

Remitters can input the account number and the branch IFSC code of the beneficiary, following which the name of the beneficiary will be displayed.

This facility will increase customer confidence as it would reduce the possibility of wrong credits and frauds, Das said.

The Central bank will also create 'Reserve Bank Climate Risk Information System (RB-CRIS)' amid climate change emerging as one of the significant risks to the financial system.

Das said it is crucial for regulated entities to undertake climate risk assessments for ensuring stability of their balance sheets and that of the financial system.

Such an assessment requires, among other things, high quality data relating to local climate scenarios, climate forecasts, and emissions, he said.

The available climate-related data is characterised by various gaps such as fragmented and varied sources, differing formats, frequencies and units.

To bridge these gaps, Das said the Reserve Bank proposes to create a data repository -- RB-CRIS -- comprising two parts.

The first part will be a web-based directory, listing various data sources, (meteorological, geospatial, etc.) which will be publicly accessible in the RBI website. The second part will be a data portal consisting of datasets (processed data in standardised formats).

The access to this data portal will be made available only to the regulated entities in a phased manner.