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VOL. 2, ISSUE 3 (2017)
Trends, evaluation & policy of CSR in India
Authors
Dr. Rashmi Gujrati
Abstract
Corporate Social Responsibility is now recognized as a means to attain sustainable development of an organization. Hence, it needs to be recognized as an organizational impartial. According to New Company Law, 2012 corporates must contribute 2% of their net profits towards CSR which made Indian companies to intentionally work towards CSR, as it essential a given class of companies to apply a portion of their profits on CSR activities. In this era of opposition, companies distinguishing the pole that they have, as a part of the society. This give rise to Corporate Social Responsibility (CSR) and it becomes the burning topic and ahead more and more position in Indian economy. Simply social responsibility suggests that the responsibility that government, corporation, organization or individual has to society. Corporate must understand that to uplift the demoralized society, government alone will not be able to succeed in its attempt. Basically India stays in its villages. The report is valid even today precisely from all the viewpoints. The methodology of this research is based on secondary data. Six public and private companies have been taken to understand the working pattern in context of CSR.
The main aim behind this study is to see why CSR is vital for Corporation? Why should they subsidize for Country's Economic Development? As we know, today Indian corporates go beyond Philanthropy (Charity) concept and it’s more concentrate on the entire stakeholder.
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Pages:123-127
How to cite this article:
Dr. Rashmi Gujrati "Trends, evaluation & policy of CSR in India". National Journal of Multidisciplinary Research and Development, Vol 2, Issue 3, 2017, Pages 123-127
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