yes it is true that good government relations are vital and it
can be justify as follows:
- Government is the only
authority which provide the subsidies which are helpful in the
production of essential goods.
- Government has the right
to handle the unavoidable situations.
- Government can reserve the
right of reservation of special area for the industries and the
development of the employment sector.
- Government can control the
inflation and deflation situation with the help of various monetary
and fiscal measures.
- Government can only be
source of protection of necessary sectors.
- The policies of government
can boost the economic growth.
- The establishment of the
employment sector is the real example of government growth
policies.
- Government can control and
regulate the inequality of different section of the society.
- Government can create the
situation of easy working of all the sectors.
- The establishment of
global market is also the outcome of government policies.