Volume : 9, Issue : 3, MAR 2023

DRA ANNUAL NATIONAL CONFERENCE ON RESEARCH, EDUCATION AND SUSTAINABLE DEVELOPMENT: OPPORTUNITIES & CHALLENGES

INITIATIVES RELATED TO CORPORATE GOVERNANCE FOR INDUSTRIAL SECTOR IN INDIAN CONTEXT

PRACHI, DR. SHRAVAN KUMAR

Abstract

In the years 2020 and 2021, many concessions were given in the rules, regulations and policy issues for India's corporate sector. In both these years, policy makers and regulators have dealt with a lot of sympathies to the many demands and requests of the industry. However, despite these concessions, the engine of development has not been able to run at the desired speed. In such a situation, under all these arrangements, we should consider those issues in which we could not get success according to the target. Especially in the realms of ESG (Environment, Social and Governance) there is a dire need to pay attention to such shortcomings. One such litmus test is going to be held in the ambit of corporate governance in the next three months. However, it is expected that no further demand will arise regarding relaxation in the rules. India is an important economic power in the world with a huge consumer market. Obviously, India will have to tailor its policy discussions according to the expectations of global investors. Many of these issues can be included in the mainstream national agenda in 2022. In this context, the ability of the regulators to 'stick to their ways' will also have to be brought to the fore. Because India is an important economic power in the world with a huge consumer market. Obviously, India will have to tailor its policy discussions according to the expectations of global investors. Many of these issues can be included in the mainstream national agenda in 2022.

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