New Delhi, July 17 -- Environmental, Social and Governance (ESG)-led responsible business conduct must evolve into a key driver of India's economic competitiveness as the country moves towards its vision of becoming a developed nation by 2047, the Ministry of Corporate Affairs said on Friday.

Addressing the inaugural session of the fourth edition of the National Conference on Responsible Business Conduct (NCRBC) 2026, Nitin Gupta, Chairperson, National Financial Reporting Authority (NFRA) said India has made significant progress in sustainability disclosures and should now focus on improving their quality, reliability and usefulness for decision-making.

"Responsible Business Conduct is integral to the vision of Viksit Bharat and to fost...