About Rs 2,000 crore worth of electricity bills were paid online in the last five years, with the financial transactions on the CSC portal rising four folds from 25 lakh in 2014-15 to one crore in the last fiscal 2018-19, The Indian Express reported. As the CSC (Common Service Centres) replace PCO booths, electricity bill payments and insurance premium renewals have emerged as some of the fastest growing non-banking services in both rural and semi-urban India. Shining some light on the insurance bill premium renewals as well, the CSC data said that the renewals fetched Rs 1,600 crore, with a six-fold jump in transactions from 2.6 lakh to 17.34 lakh during 2014-19.
Other services
As CSCs are available for a plethora of services such as banking, PAN and passport applications, insurance policies, IRCTC tickets, air and bus purchases, electricity and water bills and mobile recharges, the transactions have witnessed a jump there as well. According to the CSC data, the total value of the transactions from these services amounted to Rs 64,400 crore in 2019 with a four-fold overall jump.
