PAPER ID:IJIM/V.I(V)/11-21/3

AUTHOR: Zakir H. Molla

TITLE : SOCIAL DEVELOPMENT AND CSR IN INDIA: A CASE STUDY

ABSTRACT: This article critically evaluates the positive role that the Corporate Social Responsibility of Indian Central Public Sector Enterprises (CPSEs) particularly Oil and Gas Maharatna companies, play in contributing to the development goals of the Country such as education, poverty alleviation and health care improvements.
Despite many recent conceptual study and claims that CSR may not contribute to reduce human misery in view of conceptual and ideological frame work, north-south structural difference, centrality of stake holder, business case and absence of empirical evidences, this study suggests that various recent mitigating initiatives and structural framework through policies, guidelines, legislation creating a conducive ecosystem for Government, Corporates and Civil society towards collaboration and partnership, made positive impact on continuing commitment of Conscious corporates and enlightened Business leaders in the area of development in India.

KEYWORDS: Corporate Social Responsibility, Government, Stakeholders, Central Public Sector Enterprise, Public Sector Oil Companies, Co Act 2013.

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