How is Corporate Social Responsibility (CSR) emerging as a business-led solution for addressing development challenges in India?
Main Body
Companies Act, 2013 mandates 2% of net profits of last 3 financial years at CSR. CSR - ethical responsibility - idea of trusteeship of Gandhi. CSR - business led solutions - address social challenges like health, education - TATA trust expenditure on hospitals - Skill development of youth, women in entrepreneurship and energy technology - Googles digital sathi for women skilling - Technological integration in different fields - Microsofts Cloud for all - provide cloud service to NGOs - address hunger and malnutrition - empowerment of marginalized saunas like NGOs tribal, rehabilitation and developing - Green transition through investing in afforestation sector disparity - excusme focus on health, education very less expenditure on deep technology.
Conclusion
Way forward - use it as venture capitalist fund for startups - moral responsibility - can spend more than 2-7. CSR institutionalizes concept of benevolent industrialization.
26 words
Pawan Kumar Pandey
Development Processes - Role of NGOs, SHGs, Donors, and other Stakeholders
Public Charitable Trusts
Public Charitable Trusts
141
Total words
1
Paragraphs
analytical
Tone