Discuss the nine thematic pillars of business responsibility enshrined in the National Guidelines on Responsible Business Conduct (NGRBC) released by the Ministry of Corporate Affairs (MCA).

The National Guidelines on Responsible Business Conduct comprises nine thematic pillars of business responsibility that are known Principles. These principles are interdependent, interrelated and non-divisible and all business are urged to address them holistically. It guides all companies on the adoption and implementation of the Principles. The nine thematic pillars of business responsibility provided by the NGRBC are as under: Businesses should conduct and govern themselves with integrity in a manner that is Ethical, Transparent and Accountable. Businesses should provide goods and services in a manner that is sustainable and safe. Businesses should respect and promote the well-being of all employees, including those in their value chains. Businesses should respect the interests of and be responsive to all their stakeholders. Businesses should respect and promote human rights. Businesses should respect and make efforts to protect and restore the environment. Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that is responsible and transparent. Businesses should promote inclusive growth and equitable development. Businesses should engage with and provide value to their consumers in a responsible manner.