How far is Corporate Social Responsibility (CSR) emerging as a business-led solution for addressing development challenges in India? (Answer in 150 words)
Introduction
Corporate Social Responsibility is a legal mandate of Companies under Companies Act, 2013 to give their share towards society. Mechanisms like public consultations and Jan Sunwais encourage and foster participatory governance.
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Main Body
Corporate Social Responsibility is a legal mandate of Companies under Companies Act, 2013 to give their share towards society.
CSR emerging as a business-led solution for addressing development challenges in India
CSR should complement government efforts to improve quality and timelines of services to transform India into world-class infrastructure country
Mechanisms like public consultations and Jan Sunwais encourage and foster participatory governance.
Role of mechanisms in impacting governance
(A) Public consultations
(a) Citizen Charter
(a) Inviting public opinion on Bills
(a) Citizen feedback via PR
(a) Environment Impact Assessment
(a) Audit in MNREGA
(II) Jan Sunwayi
Trust-based institutions are the bedrock of effective governance - Economic Survey (2025)
Conclusion
CSR should complement government efforts to improve quality and timelines of services to transform India into world-class infrastructure country Trust-based institutions are the bedrock of effective governance - Economic Survey (2025)
31 words
Diagram
CSR framework showing 2% spending requirement on profits in last 3 years directed towards various projects including education, health, skilling, and employee welfare
ANANYA RANA
Corporate Social Responsibility
CSR as Business-led Solution
CSR and Development Challenges in India
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Total words
24
Paragraphs
solution-oriented
Tone