Karachi: Asad Ali Shah, former provincial minister has said that e-commerce is not a global phenomenon but it has now become a Pakistan phenomenon, which is growing rapidly in our society.
Speaking as a chief guest at a Student Seminar organized by Department of Computer Science of Sindh Madressatul Islam University on “Future of E-Commerce in Pakistan” at Sir Shahnawaz Bhutto Auditorium of SMIU on Thursday, he said that although there are limitations with regard of environment, security and legal problems for e-commerce in Pakistan, but specially e- banking is growing speedily in the country. He further said that besides e-commerce, m-commerce means business through mobile technology is also growing in Pakistan rapidly, that is giving boost to our economic and commercial activities in the country.
He was of the view that Pakistan not only needs e-commerce for its economical growth, but it also needs e-education and e- governance. “E-governance is essential for effective governance and administration,” former provincial minister of Mohtrmma Benazir Bhutto’s second tenure and presently a managing partner of M. Yousuf Adil Saleem and Co. said and added that we need innovations in all fields to get positives results in the era of competition.
Talking about Sindh Madressatul Islam University Asad Ali Shah said that it is an honour for him to visit the historic educational institution of this part of the world. He also appreciated research papers and presentations of the students presented in the seminar and announced that his company will give a reward to one of the best papers presented in the seminar.
Dr Muhammad Ali Shaikh, Vice Chancellor of Sindh Madressatul Islam said that e-commerce is a future of the country. Earlier Pakistan had witnessed two big revolutions; one was of telecommunication and second was of satellite television channels that have changed the old Pakistani society.
Now e-commerce is getting its roots in the society, but there are also some obstacles in its way, that must be removed.
He while mentioning the obstacles in the way of e-commerce said that one big obstacle in its way is low literacy rate in the society, as most parts of the country particularly rural areas are lacking education. He further said that shortage of power is also a hindrance in the growth of e-commerce in Pakistan.
He was of the view that one of the main reasons of growth of e-commerce in our neighbouring country India is large population of its middle class. So, Pakistan must increase literacy rate in the country and resolve the issue of energy.
Earlier students of SMI University Akif Nawaz, Hania Mohammad Farooq, Atif Fayaz, Kanwal Iqbal, Adnan Channa, Sidra Habib, Waqar, Maham Riaz, Fahad Patel and Numra Ayub presented their research papers on the subject.