Impact of E-Commerce in India - 5599 Words

ENABLING E-COMMERCE IN INDIA Amarjit Singh Department of Computer Science, HP University Shimla, India aj_singh_6@yahoo.co.uk M.P.Thapliyal Department of Computer Science,HNB Garhwal University, Srinagar(Garhwal), Uttaranchal, India mathuraprasad1@rediffmail.com M.M.S.Rauthan Department of Computer Science,HNB Garhwal University, Srinagar(Garhwal), Uttaranchal, India mms_rauthan@yahoo.com D.K.Joshi Department of Computer Science, Amravati university, Amravati (Maharashtra), India Dine_joshi@rediffmail.com ABSTRACT Because of e-commerce, the world stands at the threshold of a new revolution. Currently, regulatory structures in many countries limit market access by infrastructure providers. But with the transformations coming around†¦show more content†¦This would help increase the growth and for this a strong and a stable legal system is required. It is a fact that in liberal and open markets, e-commerce would dominate The other important essential features of electronic commerce are privacy and security. There should be suitable guidelines to establish them to ensure confidence among the players who transact through e-commerce. Today all countries are working to achieve structural reforms in society under the key paradigms of liberalization and globalization. The nation’s competitive power will determine the trade and the nation’s strength in science and technology will play an important role to dominate the trade. All organizations are making the best use of digitalizat ion and use of the Internet to achieve the desired goal. Computers and the Internet are now increasingly widely used to function as part of the business. Transactions conducted through the Internet will have enormous implications on the international competitiveness of every nation, giving rise to new and exciting opportunities in both the domestic and international arena to industries and also the governments to be a part of the global economic system. Electronic commerce is burgeoning as a means to doing business at a very rapid rate and is also showing every sign of continuing to expand. 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