Ujjwal PriyankAIR 10 · CSE 2025 · 163 wordsTheir whole copy
Opening · a definition
The industry and business association constitutes the members who promote specific interest of industrial aspiration and want to get them solved via involvement with government. Eg. Federation Indian Chamber of Commerce and Industry (FICCI)
Body · points and prose
-> 1. Ensuring government policy for ease of doing business. Eg. Jan Vishwas Act 2023.
Contribution -> 2. Representation to of interest Socio-economic group in governance development Eg. SHG-Bank linkage programme
-> 3. Caste Based association Eg. DICCI for Dalit
Role in distributive justice
Implementation of corporate social responsibility (CSR) →
People
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| Planet | \ | / \ | / ProfitEnvironment, Social, Governance (ESG) compliance for inclusive growth.
Promoting ethical governance via participation of workers and trade union in management of industries (article 43).
Challenges
- Pressure group with narrow interest.
- Profit orientation.
- Exploitation of labour market.
Close · a way forward
Business association can be a key for better private participation in Viksit Bharat @ 2047.