123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Environment >> View Article

Sustainable Economic Development For A Progressive Society

By Author: Kalpesh Kumar
Total Articles: 185

A successful economic development strategy must focus on improving the skills of the area’s workforce, reducing the cost of doing business and making available the resources business needs to complete and thrive in today’s global development – Rod Blagojevich

This is perhaps the best definition of a successful and sustainable development plan for today’s world. It is perfect for the current situation in India as India is slowly moving towards the right direction – that of economic development. However, the biggest challenges that India is facing at this point of time are internal issues like the ever increasing population, lack of proper infrastructure, healthcare, poverty, gender bias and illiteracy.

The Road to Economic Development

The most important step for the overall growth of India is a robust economic plan. It is extremely vital that India follows a sustainable economic development module of business. Thankfully the Indian corporate structure has adapted the Corporate Social Responsibility Module which works towards a sustainable environment and economic cause.

Though both ecological and economic sustainability are extremely important for the growth of the nation, economic sustainability is an extremely important initiative. The biggest challenge at the moment is tackling the problem of illiteracy because education has the power to resolve most of these issues. An educated society is the foundation of sustainable economic development.

The CSR structure has developed a few initiatives towards the development of the Indian economy. Though the major aim of these initiatives is to bring about awareness about various sustainability measures in the society, economic development initiatives across the country are an important agenda.

These initiatives are developed under the Corporate Responsibility and the main aim of the same is as follows.

To attain economic stability, which will help in the overall development of the society
To create job opportunities in the society, so the local youth can benefit from the same
To promote the invention of methods that encourages a sustainable ecosystem for a sustainable society.
Raising funds and donating towards social causes like illiteracy, healthcare, infrastructure, sanitation etc, especially for the underprivileged members of the society.
To maintain a proficient revenue and tax system which can help improve the infrastructure within the region and promote other social causes like quality education and free healthcare drives for senior citizens.
These initiatives under the corporate responsibility module help in improving the social living conditions, especially for the underprivileged and also help in overall improvement within the society. The main aim of these initiatives is practicing and supporting economic sustainability. Since corporates and big businesses have a major clout, raising funds for such social causes becomes much easier for them.

The good thing is these initiatives are not just restricted anymore to just big businesses and corporates. Even small business owners have started adapting CSR initiatives as it raises their brand value and also provides their business with a distinct identity. In respect to the competition, small businesses with CSR initiatives get a competitive edge. Due to this, small and big business and the Indian corporate sector are all contributing towards the sustainable development of the society.


Get more information on: Sustainable Economic Development & Corporate Responsibility

Total Views: 64Word Count: 590See All articles From Author

Environment Articles

1. The Green Ambassador- Gardening: A Healthful Medicine For Seniors
Author: Cathy Allen

2. The Green Ambassador Environmental Education - The Earth Needs You To Re-connect
Author: Cathy Allen

3. Anyone With A Passion To Dance Can Join The Swing Dance Classes London
Author: daviyssmith

4. The Green Ambassador Green Realtor - The Greener Side Of Eco Real Estate
Author: Cathy Allen

5. Save Water
Author: Mona tiwari

6. How To Get Tourist Visa For Amsterdam
Author: Travelvisaguru

7. Composting Made Easy
Author: Paras Arora

8. Waste Management And How Composting Machines Are Playing A Key Role
Author: Smart

9. How Can You Protect Your Solar Panels Against Theft?
Author: Melissa McDonald

10. Overview Ofsequential Batch Reactor
Author: boris martin

11. How To Pick The Best Dumpster Rentals Centreville Va Company
Author: Alaina Smith

12. The Green Ambassador - The Earth Needs You To Re-connect
Author: Cathy Allen

13. The Green Ambassador - Trump Stance On The Environment Is A Disgrace
Author: Cathy Allen

14. The Toxic Plastic Bag And How They Are Destroying The Environment.
Author: Srimanta Koley

15. Epa Reaches Out To Communities Of Color
Author: Cathy Allen

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: