Digital transactions to touch Rs 4 cr per day this year: IT Minister

He said more CSC will be set up for payment of utility bills through debit or credit cards

Digital transaction is growing and is expected to increase by 33 per cent to Rs 4 crore per day this year, IT Minister Ravi Shankar Prasad today said.

"Digital transaction was Rs 1.85 crore per day in 2015. It was Rs three crore per day in 2016. It will be Rs four crore this year," Prasad said while addressing an event organised to commemorate the World Consumer Rights Day here.

To encourage e-transaction, he said more common service centers (CSC) will be set up for payment of utility bills through debit or credit cards.

"We have set up two lakh CSC. We will take (the number) to 2.5 lakh this year," he added.

With growing number of e-transactions, Prasad said there is a dilemma how to strike a balance between maintaining privacy of data and at the same time using it for providing better service.

He was speaking on the theme 'Consumer rights in a digital age'. Consumer Affairs Minister Ram Vilas Paswan, Minister of State for Consumer Affairs C R Choudhary, Consumer Affairs Secretary Hem Pande, Nasscom President R Chandrashekar were among others present at the event.