Volume : VIII, Issue : IX, September - 2019

ROLE OF STATE IN THE DIGITALIZATION OF ECONOMY- A FUTURISTIC ANALYSIS

Dr. Sitansu Panda, Dr. Sudhansu Sekhar Nayak

Abstract :

Technology is expanding its wings to different socio–economic, education, political spheres so far its application is concerned. Many developing economies like India are marching ahead for digitalizing its most of the activities. Trade, business, commerce, academic, health care, hospitality, tourism, developmental, archive, research, transportation, legal, service and allied sectors have been technologically developed. Paperless documentation, classroom without teachers, web based online learning, learning factories predominantly IT enabled, e–logistics have become the trends. The evolutionary changes in the adaptability of technology coupled with revolutionary developments in the field of Information Technology have influenced the Indian economy to large extent. In this context, the State has to take a vital role in promoting and protecting the interests of the social members who are apprehended to become victims of technological developments. Enhancement of quality of life provided to the social members along with equiliium in growth among different social hierarchies should be taken care of by the State. The important aspects of an economy like employment generation, minimizing the gap in the social hierarchies, unorganized labour, and wealth distribution and over & above harmonizing the peace and prosperity of the society in all sectors should be equally considered by the State. A model has been considered for pursuing research to explore more vistas in the light of technological developments and role of State. The model is useful for academic field as well as for incorporating its implications for practitioners.

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Article: Download PDF    DOI : 10.36106/ijsr  

Cite This Article:

ROLE OF STATE IN THE DIGITALIZATION OF ECONOMY- A FUTURISTIC ANALYSIS, Dr. Sitansu Panda, Dr. Sudhansu Sekhar Nayak INTERNATIONAL JOURNAL OF SCIENTIFIC RESEARCH : Volume-8 | Issue-9 | September-2019


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