In what ways do industry and business associations contribute to socio-economic development in the country? Explain with suitable examples.
Introduction
25 words
Main Body
Contribution to socio-economic development: 1. Ensuring government policy for ease of doing business (e.g. Jan Vishwas Act 2023) 2. Representation of interest group in governance (e.g. SHG-Bank linkage programme) 3. Caste based association (e.g. DICCI for Dalit)
Role in distributive justice: 1) Implementation of corporate social responsibility CSR - People, Planet, Profit 2) Environment, Social, Governance ESG compliance for inclusive growth. 3) Promoting ethical governance via participation of workers and trade union in management of industries (article 43). Challenges: 1. Pressure group with narrow interest 2. Profit orientation 3. Exploitation of labour market
— UJJWAL PRIYANK · AIR 10
Conclusion
14 words
Diagram
A mind map with 'Contribution to socio-economic development' as the central node, with three branches pointing to: 1) Ensuring government policy for ease of doing business (e.g. Jan Vishwas Act 2023), 2) Representation of interest group in governance (e.g. SHG-Bank linkage programme), 3) Caste based association (e.g. DICCI for Dalit)
UJJWAL PRIYANK
Development Processes - Role of NGOs, SHGs, Donors, and other Stakeholders
Roles of NGOs, Organizations
Industry and Business Associations
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Paragraphs
formal
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