International Journal For Multidisciplinary Research

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

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Corporate Social Responsibility: An Emerging Tool for Community Development in India

Author(s) Ashutosh Kumar Jha, Navindra Kumar Totala
Country India
Abstract The term Corporate Social Responsibility (CSR) refers to all the activities of the corporate for uplifting the socio-economic condition of the people in the society. Although CSR is not a new concept, in the modern era the significance of Corporate Social Responsibility has increased.
Prior to the implementation of The Companies Act, 2013 corporate used to spend voluntary for community development, but after the implementation of new Companies Act, the corporates started spending in welfare activity mandatorily. This move of government brought a huge opportunity for community development. More number of companies started coming forward for welfare activity. This article discusses about the role of business organization in community development. This research paper tried to identify the spending amount and different development sectors, where the business organization spends huge amount and conduct several social activities in order to provide benefits to the society under its CSR programme.
Keywords Corporate Social Responsibility, CSR, Community, Community Development
Field Sociology > Administration / Law / Management
Published In Volume 5, Issue 4, July-August 2023
Published On 2023-07-20
Cite This Corporate Social Responsibility: An Emerging Tool for Community Development in India - Ashutosh Kumar Jha, Navindra Kumar Totala - IJFMR Volume 5, Issue 4, July-August 2023. DOI 10.36948/ijfmr.2023.v05i04.4519
DOI https://doi.org/10.36948/ijfmr.2023.v05i04.4519
Short DOI https://doi.org/gshm7k
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