International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Corporate Social Responsibility and Sustainable Development in India

Author(s) Dr. Punita Uppal
Country India
Abstract Profit is the main objective of every business corporation as no business can survive without earning profits. But business corporations bear a more significant responsibility to the society than only making profits. Business corporations use resources of society so they owe a responsibility towards society. Any corporation focused just on maximizing profits for shareholders, with little regard for societal and environmental problems, is doomed to failure in the long term is what led to the birth of CSR and sustainable development as significant concerns of business activity. Businesses can contribute to a better society by allocating a percentage of their profits to Corporate Social Responsibility (CSR) initiatives. Due to the fact that CSR initiatives address 15 of the 17 Sustainable Development Goals, they are helpful in reaching the Sustainable Development Goals. The aim of this paper is to study the concept of Corporate Social Responsibility, Sustainable Development and the contribution of Corporate Social Responsibility towards achieving the goal of Sustainable Development in India. This study is based on the secondary data.
Keywords Corporate Social Responsibility, Sustainable Development
Field Mathematics > Economy / Commerce
Published In Volume 6, Issue 2, March-April 2024
Published On 2024-04-30
Cite This Corporate Social Responsibility and Sustainable Development in India - Dr. Punita Uppal - IJFMR Volume 6, Issue 2, March-April 2024. DOI 10.36948/ijfmr.2024.v06i02.18777
DOI https://doi.org/10.36948/ijfmr.2024.v06i02.18777
Short DOI https://doi.org/gts4sn
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