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in Social Responsibility of Management and Corporate Social Responsibility by (53.6k points)

Explain in brief the responsibilities of business towards the government.

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The government plays a significant role in business operations. 

Therefore, business has a responsibility towards the government in the following ways : 

1. To abide by the policies, rules and regulations framed by government. 

2. To operate the business according to government policies. 

3. To pay taxes and other duties fully, honestly and truly. 

4. To refrain from corrupting government machinery. 

5. To make full use of production capacity and license in the business. 

6. To use economic resources in national interest. 

7. To be cooperative in operation of national policies and national programmes, small savings, clean India, family welfare, etc.

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