ANWESH: International Journal of Management & Information Technology

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Corporate Social Responsibility-An Enabler to Inclusive Growth


Affiliations
1 Osmania University, Hyderabad, Telangana, India
     

   Subscribe/Renew Journal


India is a country with great social diversities. It has been stated as well as accepted by several national leaders that comprehensive monetary advancement remains a national objective. Various government programs have been started that soak up the soul of comprehensiveness. What is intriguing, be that as it may, is to see the corporate social obligation deliberate rules regarding the service of corporate undertakings. To cite Salman Khurshid, the clergyman of state for corporate issues in 2009 “… the corporate part is likewise remaining amidst a maintainability emergency that represents a danger to the specific presence of business. What we have before us is where one way drives us to comprehensive development and the other may prompt an unsustainable future. … the business division likewise needs to assume the liability of displaying socially capable business houses that guarantee the appropriation of riches and prosperity of the networks in which the business works.” There is definitely a case to be made about the relationship or the causal effect of CSR on inclusive growth. India would do well to harness this resource of CSR to aid the progress of the country and its citizens. This article is an effort towards establishing a relationship between CSR and inclusive growth in India, including suggestions on optimal utilisation of CSR for this purpose.

Keywords

Corporate Social Responsibility, CSR Trend, Inclusive Growth.
User
Subscription Login to verify subscription
Notifications
Font Size

  • R. Gautam, and A. Singh, “Corporate social responsibil- ity practices in India: A study of top 500 companies-Industrial safety & environment management group,” National Institute of Industrial Engineering (NITIE).

  • “Faster, sustainable and more inclusive growth - An approach to 12th five year plan,” Govt of India - Planning Commission Paper - October 2011.

  • M. Viswanathan, K. Purushothaman, and V. Navaneetha Kumar, “A strategy to exploit marketing and human resources potential through inclusive growth in rural India,” European Journal of Social Sciences, vol. 29, no. 2-4, p. 512, 2012.

  • “Approach paper to eleventh five-year plan (2007-2012) H.P.,” Planning Department Government of Himachal Pradesh, Shimla.

  • “How inclusive is the eleventh five-year plan?’ People’s mid-term appraisal,” New Delhi: Centre for Budget and Governance Accountability, 2009.

  • A. Chhibber, and T. Palanivel, “India manages global crisis but needs serious reforms for sustained inclusive growth,” Tenth Annual Conference on Indian Economic Policy Reform, 21-23 October 2009, Stanford University, Landau Economics Building. Available at http://www.toi.com

  • Eleventh Five Year Plan (2007-2012) Inclusive Growth, vol. 1, Planning Commission of India, Oxford University Press, New Delhi, 2008.

  • Eleventh Five Year Plan: What We Need to Monitor? A Guide for Civil Society, Yamini Mishra and Amitabh Behar for Centre for Budget and Governance Accountability (CBGA), National Social Watch Coalition (NSWC), Wada Na Todo Abhiyaan (WNTA), 2008.

  • Towards Faster and More Inclusive Growth, An Approach to the 11th Five Year Plan, Planning Commission, Government of India.

  • NGO Partnership System, Planning Commission, Govt of India, September 2011.

  • Accelerating Growth and Development in Lagging Regions of India, World Bank, February 2008.

  • “The challenge of employment in India - An informal economy perspective,” NCEUS, April 2009.

  • D. Bloom, D. Canning, and J. Sevilla, “The demographic dividend: A new perspective on the economic conse- quences of population change,” 2003.

  • “Structural change in the world economy,” United Nations Industrial Development Organization, 2010.

  • Indian Education Industry Demand and Opportunities, Mindpower Solutions, January 2011.

  • India Inclusive Growth and Service delivery: Building on India’s Success, World Bank Development Policy Review, 2006.

  • N. Wadhwa, “How telecom can empower rural India by Naresh Wadhwa, President and Country Manager,” Cisco - India and SAARC.

  • “Migration widens the gap: Interview with union minister of urban development,” Business World, August 2011.

  • M. S. Ahluwalia, “Economic reforms in India since 1991: Has gradualism worked?,” The Journal of Economic Perspectives, vol. 16, no. 3, pp. 67-88, 2002.

  • I. Ali, and H. H. Son, “Measuring inclusive growth,” Asian Development Bank Review, vol. 24, no. 1, pp. 11- 31, 2007.

  • I. Ali, and X. Yao, “Pro-poor inclusive growth for sustainable poverty reduction in developing Asia: The enabling role of infrastructure development,” ERD Policy Brief Series, No. 27, ADB, Manila, 2004.

  • I. Ali, and J. Zhuang, “Inclusive growth toward a prosperous Asia: Policy implications,” ERD Working Paper Series, No 97, ADB, Manila, 2007.

  • S. Gokarn, “Inclusive growth in India: Dream or reality,” Business Standard, December 2007. Available at http:// www.rediff.com

  • R. Jain, “Inclusive growth and people development, express news,” European Journal of Social Sciences, vol. 29, no. 4, p. 520, (n.d.). Available at http://www.expressnews.com

  • S. Mohapatra, and K. Raghavendra, “Is inclusive growth necessary for survival of Indian economy? Avenues. com, Thursday, 18 November 2010. Available at http:// www.coolavenues.com

  • S. Narang, and S. Satnalika, “Agriculture: The key to inclusive growth, India business news,” February 2010. Available at http://www.wsj.com

  • C. K. Prahalad, “The fortune at the bottom of the pyramid,” Dorling Kindersley India Pvt. Ltd., 5th Anniversary Edition, 2010.

  • G. Rauniar, and R. Kanbur, “Inclusive growth and inclusive development: A Review and synthesis of Asian bank literature,” Asian Development Bank, Manila, 2009.

  • J. Singh, “Impact of organized retail chains on revenue of farmer (a case study of mother dairy centres in Haryana),” Research Studies, Office of the Economic Adviser, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Udyog Bhavan, New Delhi.

  • M. S. Swaminathan, “Science and sustainable food security, IISc Lecture Series - vol. 3 (Ed. Kwang Wei, T.,), World Scientific Publishing Co. Pte Ltd., Singapore, 2010.


Abstract Views: 198

PDF Views: 0




  • Corporate Social Responsibility-An Enabler to Inclusive Growth

Abstract Views: 198  |  PDF Views: 0

Authors

S. Agrawal
Osmania University, Hyderabad, Telangana, India
K. Chandrika
Osmania University, Hyderabad, Telangana, India

Abstract


India is a country with great social diversities. It has been stated as well as accepted by several national leaders that comprehensive monetary advancement remains a national objective. Various government programs have been started that soak up the soul of comprehensiveness. What is intriguing, be that as it may, is to see the corporate social obligation deliberate rules regarding the service of corporate undertakings. To cite Salman Khurshid, the clergyman of state for corporate issues in 2009 “… the corporate part is likewise remaining amidst a maintainability emergency that represents a danger to the specific presence of business. What we have before us is where one way drives us to comprehensive development and the other may prompt an unsustainable future. … the business division likewise needs to assume the liability of displaying socially capable business houses that guarantee the appropriation of riches and prosperity of the networks in which the business works.” There is definitely a case to be made about the relationship or the causal effect of CSR on inclusive growth. India would do well to harness this resource of CSR to aid the progress of the country and its citizens. This article is an effort towards establishing a relationship between CSR and inclusive growth in India, including suggestions on optimal utilisation of CSR for this purpose.

Keywords


Corporate Social Responsibility, CSR Trend, Inclusive Growth.

References