Jharkhand Journal of Development and Management Studies

(A Quarterly Review of Development and Management Trends)

A National Journal Indexed in the UGC-CARE List

Socio-Economic Impact of Nano-Technology

Vasant K. Wagh1 & Neeraj R. Prasad2

1Ex-Principal, Fergusson College, Pune 411004, India, Email: principal_vkw@hotmail.com

2School of Nano-Science and Technology, Shivaji University, Kolhapur, Maharashtra, Email: neeraj_prasad21@rediffmail.com

ABSTRACT:

Nano-Science and Nanotechnology have made inroads in all traditional scientific disciplines such as physics, chemistry, life sciences, engineering, medical science, pharmaceutical science, etc. Nanotechnology is making an ever-increasing contribution in the areas of energy production and storage, defense, memory storage devices, the health sector, the power sector, agriculture, water purification, the water supply system, etc. In recent years, Nano devices and Nano materials have undergone tremendous developments. In this review paper, the authors attempt to give a brief account of the socio-economic impact of the fast growing field of nano-science and nanotechnology. The authors further feel that it is difficult to imagine the scope and extent of the socio-econmic impact of nanotechnology in the near future.


Keywords: Nanotechnology, Nano-medicine, Nano-textile, Nano-catalyst, Organic Transformations

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