December 14, 2010
Show AI Summary
Sustainable business: corporate governance and social responsibility urged to align corporate growth with inclusive, ethical practices.
The address advocates an enabling regulatory framework to promote productive, responsible corporate conduct, noting Ministry initiatives: investor education programmes, MCA21 e governance for company registration, Competition Commission activity, Company Law updates, introduction of limited liability partnerships, and convergence with international accounting standards. It endorses voluntary corporate governance and CSR guidelines, defines sustainability to include economic, social and environmental dimensions, urges corporate-led skill development, rural engagement and responsible resettlement and environmental practices, and requires investigatory powers to be exercised under well defined rules with a Cabinet Secretary review.