An Analysis of Corporate Social Responsibility in India

Abstract

CSR (Corporate Social Responsibility) is comparatively a developing concept but it picking up lead rapidly in recent years. CSR has gained recognition around the globe as many international and national companies as well as SME’s, start-ups and various other size companies are also participating in these activities. CSR helps is aligning the social values with business operations. CSR acts as a link between various initiatives aimed in order to ensure the economic and society social development. Recognizing the truth that CSR implementation in businesses can be great instrument for recognising social value and values, especially in developing country similar India, this paper show light on concept and development of CSR in India. This paper further acknowledged the governing policies of CSR in developing countries like India while discussing cases of various Indian companies including SMEs and their CSR initiatives along with the challenges which are faced by them.