SOCIAL RESPONSIBILITY

Traditionally a firm used to get a component or product from its vender or supplier but did not take the responsibility to ensure at least minimum and humane standards that a supplier would offer to its work force . Corporates argued that they did not own their suppliers and hence had no right or responsibility to interfere in their workspace..Though there is a need for legislation and imposing certain regulations,experience has proved that if firms or units are
not convinced about an issue they will follow it in letter and not in spirit.Let us take the example of pollution control.If corporate do not assume respnsibility,the opportunities for education ,for employment will affected. Itcan bringe the disparity between rich and poor.We need to move away from this mindset and indstry and govt. together nee to find solutions that will meaningfully address the problems of the community.If govt. treats them as erring children who need to be chided and controlled then businesswill behave in a rebellious manner.But if both sides treats each other as mature adults then they dialogue and a commen ,actionable agenda will emmerge.