In India business by and large does not a good public image. A few leading business houses have made significant contributions to the economic and social well-being of the country. But instances of adulteration, hoarding, blackmarketing, exploitation of workers, tax evasion, and other anti-social practices are very common. In order to ensure freedom of enterprise businessmen need to be more responsible towards the society. The Government industrial policy states that if industry acquires an increasing sense of social responsibility government can concentrate more on measures to help industry rather that to control it. In a mixed economy like ours, social responsibilities of business assume special significance.
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