DIGITAL GOVERNANCE OF E-COMMERCE IN INDIA.

Purchasing and selling goods and services, as well as sending money or data, over an electronic network--most commonly the Internet--is known as e-commerce or electronic commerce (EC). The digital revolution has opened access to a wide range of items at low prices, and India has played an important role in this change. The E-Commerce market in India has been steadily growing in recent years. The Indian e-commerce business has experienced a growth unlike any other, thanks to rising digital literacy and mobile usage across the country. Electronic commerce has altered the structure and climate of business around the world. E-commerce is gaining traction as a viable alternative to traditional commerce due to its flexibility and benefits for companies and customers. The world's online population is a potential market for an E-commerce merchant. It establishes a virtual market environment that is devoid of geographical boundaries. The expansion of e-commerce has impacted businesses by providing a virtual area for selling things online and creating new revenue avenues. It has also resulted in the establishment of many job opportunities and simplified the lives of modern customers. This paper deals with the legal framework for E-commerce and various legal issues. Even after being governed by multiple existing laws and regulations, they need to be revised to deal with issues related to the growing e-commerce use in India. In 2000, the Indian government passed the Information and Technology Act, recognizing digital records, digital signatures, and other electronic transactions as lawful. This paper outlines the rules governing E-commerce in India, the shortcomings of current laws, and some recommendations for the need for a new law regulating the E-commerce industries and their transactions. [ABSTRACT FROM AUTHOR]