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

Industry & business contribution:Generation of employment (is sowed) livelihoodTax paymentFortredistribute for public welfareEmployment for vulnerable section through reservation/special preferenceContribution to CSR and District Mineral foundation fundCharitable activitiesTATA: MANSl for mental healthDevelopment of underdeveloped region (e.g. Tamilnadu) Other contribution:Policy making for public welfare5yr planning invited business viewsFinancial MarketNew earning opportunities for middle classInvestment on SHGs led microenterprise or startupsPPP development for development

Issues:Concentrated in few education, health, insufficient funding in tax evasion compensatory offset.Nirav Modi' profit: oriented not welfare Overall, for inclusive & equitable development, private sector must continue to contribute in socioeconomic empowerment.

127 words1 paragraphs

Conclusion

Overall, for inclusive and equitable development, private sector must continue to contribute in socioeconomic empowerment.

15 words

Diagram

Flow chart showing Industry & business contribution with multiple branches: generation of employment, tax payment, redistribution for public welfare, employment for vulnerable sections, CSR contribution, charitable activities, TATA initiatives, regional development. Second section shows other contributions including policy making, 5-year planning, financial market initiatives, investment in SHGs/microenterprises, and PPP development

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Page 12

Topper

Ritik Singhvi

AIR 2032025PUPSC

Subject & Paper

GS2GS2

Topic

Development Processes - Role of NGOs, SHGs, Donors, and other Stakeholders

Roles of NGOs, Organizations

Industry and Business Associations

Writing Stats

142

Total words

Paragraphs

explanatory

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