Question Q.6GS2GS2
In what ways do industry and business associations contribute to socio-economic development in the country? Explain with suitable examples.
Main Body
Market or Industry and Business Associations are inclusive part of socio-economic development acting as state pillar.
Ways in which industry and business do socio-economic advantage:
1Financing public projects via public-private partnership
2Asset meeting in Urakagam paid
3Through statutory requirement of CSR (Companies Act, 2013)
4Opening new ventures and companies
5Food processing industry
Challenges:
(I) Every competing - Henley between bureaucracy and industrialists
(I) Restriction (I) Rigged Bidding
3Problem of accessibility and affordability (I) High Medical Cost Hospital Storage.
Way Forward:
I Corp Certification
2Tighter Bottom-line Accounting
3Regulation by Government
4New diversionary - rigidities of caste, algorithms in allies
5Shortage of last mile connectivity.
6Dedicated programme for specific sector.
Scheme mentioned:
(a) Skill Based Tech.
(b) Tata Health led., (a) Tata Cancer Hospital - Wellness Entrepreneurment by Tata's Mama Exch.
Challenges:
(D) Every competing - Henley between bureaucracy and industrialists
(2) Restriction (I) Rigged Bidding
(3) Problem of Accessibility and Affordability (I) High Medical Cost Hospital Storage.
Way Forward:
I Corp Certification
2Tighter Bottom-line Accounting
3Regulation by Government
185 words8 paragraphs5 bullet points
Conclusion
Thus, Industry can help in achieving multiple objectives
8 words
Examiner score
0.6/10Open original scan
Page 13
Topper
DEV-DUDEJAUPSC
AIR 1522025
Subject & Paper
GS2GS2
Topic
Development Processes - Role of NGOs, SHGs, Donors, and other Stakeholders
Roles of NGOs, Organizations
Industry and Business Associations Role in Development
Writing Stats
193
Total words
8
Paragraphs
5
Bullets
analytical
Tone