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Corporate Social Responsibility-An Enabler to Inclusive Growth


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1 Osmania University, Hyderabad, Telangana, India
     

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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.
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  • Corporate Social Responsibility-An Enabler to Inclusive Growth

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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