The Corporate Affairs Ministry is undertaking "rigorous consultations" with stakeholders for formulating a National Action Plan on Business and Human Rights, according to a public notice.
The ministry, which implements the companies law, is steering the process of formulating the plan.
"The obligation to draft a NAP (National Action Plan) stems from India's endorsement of the United Nations Guiding Principles (UNGPs) on Business and Human Rights adopted in the UN Human Rights Council (UNHRC)," as per the notice.
It would be based on three principles -- "State Duty to Protect", "Corporate Responsibility to Respect" and "Access to Remedy".
According to the notice, a country's plan is expected to demonstrate how these principles are already being implemented, what the gaps are, and how they should be addressed.
The UN Working Group on Business and Human Rights (UNWG) has prepared a guidance note on NAP that mentions about four criteria, including that the plan should be based on UNGP as .
