Paper Title
A Study on Current Scenario of Corporate Social Responsibility in India
Article Identifiers
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Keywords
Corporate social responsibility, Sustainable development, CSR practices, Companies Act 2013.
Abstract
Concern about how business is affecting the environment and society on a global scale is rising. Businesses need to see social gains as well; it is not enough for them to just see financial returns. The success of a firm nowadays cannot be determined just by its financial performance. Measuring corporate success in terms of the effects their activities have had on the environment, society, and government is a key measure of the economy's sustainable development. Corporate social responsibility, often known as CSR, is a procedure used to make sure that organisations are carrying out sustainable business operations in a way that has a beneficial influence on customers, workers, communities, the general public, and the environment. This article discusses what CSR is, how it has developed in India, its advantages, the leading Indian firms' present CSR initiatives, and the false claims that businesses make about their social responsibility. Indian enterprises and corporations have long considered and practised CSR as a humanitarian endeavor. After the Companies Act was amended, however, and Section 135 made it essential for firms to comply with the expenditure of a defined percentage of earnings and Schedule VII of the Act listed a set of tasks to be carried out, there was a change in attitude. The emphasis now is on sustainability rather than institutional building.
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How To Cite (APA)
Lakhan Veer Singh & Prof. Nidhi Sharma (July-2023). A Study on Current Scenario of Corporate Social Responsibility in India. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(7), c145-c157. https://ijnrd.org/papers/IJNRD2307213.pdf
Issue
Volume 8 Issue 7, July-2023
Pages : c145-c157
Other Publication Details
Paper Reg. ID: IJNRD_201670
Published Paper Id: IJNRD2307213
Downloads: 000121998
Research Area: Commerce
Author Type: Indian Author
Country: Agra, Uttar Pradesh, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2307213.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2307213
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