Technology has transformed every aspect of life in India and has increased access and convenience for the people in a great way and made the life easy. Influence of technology on the life of common men, after the advent of the internet in India, is discussed below considring the influence in different sectors.

Banking sector:

During nineties, there were about 2000 ATMs but now the number has gone up to 25,000. Credit cards and ATM cards were sign of prestige few years back but now these have become a necessity as their uses have gone beyond the mere transaction of money .

1. Credit cards: In addition to shopping, these are being used for payment of bills, online trading and several other uses. Earlier few influential people possessd the credit cards but now people who do not have repaying capacity are provided cards by the banks. Indian nationalized banks are issuing credits cards to increase their customer databases. However, RBI has recently issued instructions to banks not to issue cards without proper verification as huge losses are recurring to the banks due to non-recovery of money.

2. ATM / Debit cards: The big advantage of ATM or debit card is itheir use anywhere in India. Now you do'nt need to carry cash if you are travelling to other places. ATM cards are proving a real asset as these have helped reducing work load of bankers and fullfilling the needs of people to draw money on holidays and Off hours.

3. Net Banking and phone banking: You do not need to go to bank to get your passbook updated. You can check your balance from your home using net or phone banking.

Travel sector:

1. Computerized reservation for railway tickets: Even memories of hardship faced in booking a railway tickes when reservations were made manually can shake you from within. Not only hardship faced, one has to pay some extra money as bribe to booking clercks and do a homework to plan the journey looking at railway timetables printed by Railways. Every six months one has to purchase new time tables as railways has the habit of revising timetables frequently.

2. E-ticketing : Usefullness of the technology can be gauzed from the fact that 2.4 million tickets were booked on IRCTC website in the year 2008. Earlier, one has to waste several hours of valuable time standing in queues but now it can be done at the home and one can travel with printouts taken at home.

3. Travel portals: These portalsplan trips for customers, from flight bookings to hotel rooms.Some of the portals provide discounts to their customers.

Trading:

1. Online trading: No more you have to worry for your share certificates and carry cash to buy or encash your shares. It has boosted the confidence of investors and allowed them to take advantages of boosts in the stock market.

2. Online shopping; Online shopping provides customers opportunities to compare prices and make good bargains. Goods are now delivered at the customer's doorsteps.

3. Online portfolio management: Expertsact as money managers and help investors take quicker decisions.

Job sector:

1 Job portals provide a virtual interface between job seekers and potential employers

2. Online cash earning

3. Work from Home

Education sector:

1. Online application submission for different examinations.

Entertainment & personal communication:

1. Social Networking Sites, blogs and websites that deal with personal finance have empowered investors.

2. e-mail, SMS, Mobile messaging