ECONOMIC IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON AGRICULTURE AND BANKING SECTOR

Abstract

Information and Communication Technology (ICT) is one of the overreaching terms 
incorporating all the modes of transmissions like electronic devices and services, mobile 
networks and application which help in the dissemination of information. In any sector, the role 
of information cannot be ignored. Every sector, every industry in the economy needs information 
for the development. ICT is an important catalyst in the development of economy if it used in a 
efficient manner. This paper analyses the role of ICT in the agricultural and banking sector of 
economy and how ICT can revolutionize the two important segments of Indian economy.