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Review Papers | Management | India | Volume 5 Issue 12, December 2016 | Popularity: 6.2 / 10

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Make in India: Role of Professional Ethics

Deepika Vig, Lata Sati

Abstract: Make in India is a wonderful initiation aimed at attracting business houses from around the world to invest and manufacture in India. This will lead to economic development of the country through increased productivity and skill development. Professionalism will be at its height. Youth will be benefitted from increased job opportunities. Economic development will lead to further development i. e. education, health, improved life style (materialism). Along all these positive aspects, there also arises the need for adopting ethics in professional life. Professional ethics encompass the personal, organizational and corporate standards of behaviour expected of professionals. Professionals and those working in acknowledged professions, exercise specialist knowledge and skill. How the use of this knowledge should be governed when providing a service to the public can be considered a moral issue and is termed professional ethics. Professional ethics demands Honesty, Integrity, Transparency, Accountability, Confidentiality, Objectivity, Respectfulness, Obedience to the law and Loyalty on the part of professionals. Ethics for employer as well as employee are important to protect and maintain human rights. However there are many instances that have depicted that Professionals are failing to meet appropriate standards of care due to corruption, deliberate wrong-doing etc. It is recommended that to ensure practice of ethics in professional world it should be incorporated in curriculum of professionals so that everyone is aware of their responsibilities towards humans and society in general. It is only then, that make in India can be a holistic and inclusive approach for development and everyone can take advantage of such developmental initiative.

Keywords: Professional Ethics, Economic Development, Human Development, Human Values

Edition: Volume 5 Issue 12, December 2016

Pages: 987 - 989

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