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Uploaded byChakreshBhawsar
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Business environment ppt on role of government

The document discusses the economic role of the Indian government in business. It outlines several key roles: 1) Regulator of business by ensuring private investment meets socio-economic objectives, preventing exploitation, and controlling monopolies. 2) Promoter of business by providing financing, incentives, and infrastructure to support industrial growth, especially in underdeveloped areas. 3) Entrepreneur in business by operating public enterprises to ensure competitive markets. 4) Planner in business by indicating development priorities through Five-Year Plans and allocating scarce resources. The government's role also involves reducing poverty, unemployment, and developing infrastructure like roads, ports and power to support economic growth. Poverty remains a

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ECONOMIC ROLE OF GOVERNMENT IN INDIAN BUSINESS By-Chakresh bhawsar
`INTRODUCTION • Economic role is basically concerned with the economic development of the nation by framing rules and regulations . • Government always plays a very important role in the development of the economy . • In capitalist countries ,government participation was increasede after the great economic depression in the 1930’s . • The most important roles of any government are Stability & Growth .
FACTORS DETERMINING THE NATURE OF ROLE OF GOVERNMENT • NATURE & STAGE OF DEVELOPMENT OF THE ECONOMY • BEHAVIOUR OF PRIVATE SECTOR . • POLITICAL PHILOSOPHY • SOCIAL ATTITUDES • ADMINISTRATIVE SYSTEMS , ETC.
ROLE OF GOVERNMENT
Government’s role as Regulator of Business • Ensure the private investment and production in the industry meets the socio-economic objective of the government • Ensure bthe efficient use of resources and prevent explotation • Restraints on private activities • Control of monoploy & big business • Development of public enterprises to ensure competitive dualism • Maintenance of a proper socio-econi=omic infrastructure .
Government’s role as Promoter of Business • Providing finance to the industry (through developmental banks etc). • Granting incentives • Creating infrastructural facilities for industrial growth & investment • Promoting development in No industry Districts. • Estabilishing district industrial centres for assisting the developmental of small industries .
Government’s role as an ENTERPRENUER in business • Mainly concerned with growth & development of public industeries • Has earnes the name of a “social Enterprenuer” • “BSNL” can be a best example for the above stated term
Government’s role as a Planner in business • Indicating priorities through the five year plans for sectoral allocation of resources • Ensuring the equal distribution of scare resources to all the sector in the order to avoid clashes
Government’role redefined • Poverty • Unemployment • Infrastructral facilities
POVERTY IN INDIA
• Indiais said to have 3rd of the world’s poor • 37% of indian population is below the poverty line (BPL) • Kalahandi,bolangir&koraputh (known as KBK Districts) in odisha are the most poverty affected areas . • Kerela stands last in the poverty line . • Some reasons of poverty are: • 1high population growth • 2caste system • 3India’s economic policies • 4liberaliazation and its effect
• REDUCING POVERTY • Employment opportunities • Agricultural Development • Primary Education & Good Infrastructural Facilities • Poverty alleviation programs like National Rural Employment Program, Rural Landless Employment Guarantee Program, Jawahar Rojgar Yojna etc.
Unemployment
• There are more than 6 crore well educated • youth in India who are unemployed. • Reasons for Unemployment: 1. Rapid Population Growth 2. Defective Education System 3. Limited Land 4. Seasonal Agricultural 5. Outdated Agricultural Methods 6. Inadequate Employment Planning
Strategies undertaken by Government to reduce Unemployment in India • Heavy Investment in Basic Industries. • Development of Cottage & Small-scale Industries. • Change in Educational System. • Checking of Population Explosion. • Modernization of Agriculture. • Introduction of Rural Works Programmes. • Developing Infrastructure. • Subsidies to Private Sector. • Stress on Self-employment
INFRASTRUCTURAL DEVELOPMENT
Infrastructure can be divided into 2 types Social infrasturcture
Business environment ppt on role of government