How is Corporate Social Responsibility (CSR) as a business-led solution for addressing development challenges in India? (Answer in 150 words)

CSR is the "corporate responsibility" to address the needs of stakeholders – beyond shareholders CSR: emerging as solution to address development challenges 1. Increasing development activities around mines/areas (⊗): WIPRO – North Karnataka 2. Alleged marginalized communities (⊗): INDIANOIL's privatrain – focusing on failed person shifting. 3. Investment in social infrastructure (⊗): TATA, investment in school, toilet, education. 4. Environment rejuvenation – reforestation activities by BCCI

5. New innovations – technology adaptation to MSMEs, SIHGF groups 6. Women development (⊗): TATA – powering of financial inclusion of women. TCS -> digitalized UIT by skilling. 7. Gofun online-e skills GOAL – Meta and Facebook. – skilling women. Issues: (1) lack of diversity – CSR date reveals: "strict construction" is the dominant (2) inconsistency in investment – causing lack of meaningful development (3) Regional disparity – already established districts/regions CSR is a face of humane capitalism.