Issues and Challenges in Corporate Social Responsibility in India

Abstract

The idea about Corporate Social Responsibility (CSR) will be on presence since ancient times. The writings of ancient Indian epics have narrated CSR in different forms. Corporate Social Responsibility includes those endeavors benefits of the business associations. Embrace with help their responsibilities both as monetary Furthermore social operators. This article tries to analyze the study of Corporate Social Responsibility (CSR) status in India, and it further provide an insight to what extent companies can follow the Corporate Social Responsibility (CSR). In India, Companies Act 2013 brought an end to the long run discussion on CSR practices by the corporate. The reason for this article is to provide a general summary of the value propositions evident in the research on the business case for Corporate Social Responsibility (CSR). Over a last 30 to 40 years, there has been a steady increase in concern expressed about, and the information produced by small and large organizational set ups in relation to their social and environmental impacts. It has been very well understood by organizations that govt. alone will not be able to succeed in its endeavor to uplift the downtrodden society further compulsion of Corporate Social Responsibility (CSR) has filtered the myth that the ultimate goal is not profit making, rather trust building is viable and assert able with societal relationship and only long term survival mantra for any organization. This article is purely based on the secondary data and tries to focuses on the findings & reviewing of the issues and challenges faced by Indian organizations with respect to Corporate Social Responsibility (CSR).