Business environment ppt on role of government

A goood topic for students

1. ECONOMIC ROLE OF GOVERNMENT IN INDIAN BUSINESS By- Chakresh bhawsar

2. `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 .

3. 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.

4. ROLE OF GOVERNMENT

5. 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 .

6. 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 .

7. 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

8. Government’s role as a Planner i n 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

9. Government’role redefined P overty Unemployment Infrastructral facilities

10. POVERTY IN INDIA

11. Indiais said to have 3 rd 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

12. 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.

13. U nemployment

14. There are more than 6 crore well educated youth in India who are unemployed. Reasons for Unemployment : Rapid Population Growth Defective Education System Limited Land Seasonal Agricultural Outdated Agricultural Methods Inadequate Employment Planning

15. 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

16. INFRASTRUCTURAL DEVELOPMENT

17. Infrastructure can be divided into 2 types Economic infrastructure Social infrasturcture