Electronic Commerce and Socio-economical Development

In the past few decades, information and communication technology has become an important platform for e-commerce and socio-economic development. The rise of the Internet in the mid-1990s was the first step in the development of e-commerce. The Internet and information technology are major changes in the overall growth of the e-commerce sector. The development of e-commerce made life a lot easier for many people. The rise and development of e-commerce is seen all over the world and is basically seen in India. As more and more innovations changed the face of India, the e-commerce industry prospered over time.

E-commerce: E-commerce is the ability to access the global market electronically, access real-time market information, improve internal efficiency, reduce costs, and complete commercial transactions. Electronic commerce contributes to the economic growth of developing countries by providing channels for further exporting goods and services. This is especially true for intercompany transactions. Electronic Government: Provide public services and information to citizens online, civil society participate in governance through information technology. The e-government program focuses on providing government services online and strategically demonstrating the economic benefits and useful usage of IT. This includes improving the efficiency of internal information to support policy makers, improving the provision of government services, and accessing government information by civil society and strengthening response to government information.

The e-commerce (e-commerce) application began in the early 1970s with innovation including electronic remittance. However, these applications are limited to large companies and large and small businesses. According to reports, an important platform for developing commercial and socio-economic problems in the past few years was related to ICT (allAfrica.com). Electronic commerce or simple e-commerce that depends on various information and communication technologies (ICT) has the potential to increase global trade efficiency and integrate developing countries into the global economy (UNCTAD 1999). As a result, developed countries' e-commerce has grown significantly like the developing countries over the last two decades (Chowdhury, 2003).

In emerging economies, e-commerce (e-commerce) has become a powerful catalyst for economic development and has become an essential element of business strategy. As a result, e-commerce is a business that may be growing in today's market and its development provides a way for companies to deal with changing environmental problems. In 2001, Vladimir Zwass, editor-in-chief of the international e-commerce journal, said, "E-commerce shares business information, maintains business relationships and conducts business transactions via telecommunications networks." On the other hand, e-commerce is the process of purchasing, selling, forwarding, or exchanging products, services, and / or information, primarily via the Internet and the intranet (Headdress, King, Viehland, Lee, Liang and Headscarves, 2011).