How is Corporate Social Responsibility (CSR) emerging as a business-led solution for addressing development challenges in India? (Answer in 150 words)
Main Body
Companies Act, 2013
Require companies to spend with certain turnovers, network of profit to spend at least 2% of their profit on social cause.
Development Challenges of India:
(b) Limited penetration of skills into workforce by only 13% with formal skilled in S.Korea similarly skilled
(c) Limited educational infrastructure in backward areas
(d) Nutritional deficiency in young, adolescent, & women
CSR as Business Led Solution:
Limitations:
CSR as Business Led Solution:
This CSR can build social capital
Way forward:
(a) Collaboration between public & private sector
(b) Enhance regional spread
Thus CSR can build social capital
Conclusion
Way forward: (a) Collaboration between public & private sector (b) Enhance regional spread Thus CSR can build social capital
19 words
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Page 14
Harsh Nehara
Government Policies and Interventions - Design, Implementation and Issues
Corporate Social Responsibility
CSR as Development Solution
185
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academic
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