In what ways do industry and business associations contribute to socio-economic development in the country? Explain with suitable examples.
Introduction
Industry and Business Association have historically contributed to India's socio-economic development even pre-independence like V.C. Polis Swedish monopoly newsroom company and C.D. Birla IWE work.
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Main Body
Contributions of industry and business association: (1) Contribute to GDP growth in the country, leading to greater effort and eventually employment. (En.) Tata Group - Business & Significant industry association. (2) Contributes to government policy making (En.) Recent (CII) Recommendations for improving SODB
Way forward must be to adept UNCRC frameworks to ensure children discrimination in cases, limited preserve of psychologist in FSTC etc. Way forward must be to adept UNCRC (Norms to ensure children discrimination in children is avoided - for commerce-based non-defense helpers. Also to prevent Weaponization of such ties.
Conclusion
Ensure state trust in government by crediting powerful institutions. Advancement of inclusive development.
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Development Processes - Role of NGOs, SHGs, Donors, and other Stakeholders
Roles of NGOs, Organizations
Industry and business associations contribution to socio-economic development
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