Digital transactions surpassed target set by govt: Ravi Shankar Prasad

Digital transactions in the country surpassed the target set by the government, clocking a total volume of 3,133.58 crore in 2018-19 and is showing a positive trend for the current financial year, Parliament was informed on Wednesday.

“FY data for 2018-19 shows that the government surpassed the target set for digital payments and data for 2019-20 also shows a positive trend,” Electronics and Information Technology Minister Ravi Shankar Prasad said in a written reply to the Lok Sabha.

He added that the target for digital transactions for 2018-19 was set at 3,013 crore, and the total digital transactions registered were 3,133.58 crore.

The minister said 313.05 crore digital transactions were registered till April 30, 2019, and the government has set a target of over 4,000 crore digital transactions in the ongoing financial year.