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From Philanthropy to Mandatory CSR: A Journey towards Mandatory Corporate Social Responsibility in India

机译:从慈善到强制性企业社会责任:印度强制性企业社会责任之旅

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India is a country of myriad contradictions. On the one hand, it has grown to be one of the largest economies in the world, and an increasingly important player in the emerging global order, on the other hand, it is still home to the largest number of people living in absolute poverty (even if the proportion of poor people has decreased) and the largest number of undernourished children. What emerges is a picture of uneven distribution of the benefits of growth which many believe, is the root cause of social unrest. Companies too have been the target of those perturbed by this uneven development and as a result, their contributions to society are under severe scrutiny. With increasing awareness of this gap between the haves and the have-nots, this scrutiny will only increase over time and societal expectations will be on the rise. Many companies have been quick to sense this development, and have responded proactively while others have done so only when pushed. This paper attempts to present the picture of transformation of corporate social responsibility (CSR) from philanthropy to mandatory corporate social responsibility (MCSR) in India. It aims also at analyzing that why CSR spending must be regulatory in the country like India. Keywords: Philanthropy, CSR, MCSR, Company Act 2013, India
机译:印度是一个充满矛盾的国家。一方面,它已成长为世界上最大的经济体之一,并且在新兴的全球秩序中扮演着越来越重要的角色;另一方面,它仍然是最大数量的绝对贫困人口的家园(即使贫困人口的比例下降了)和营养不良的儿童人数最多。出现的结果是增长利益分配不均的景象,许多人认为这是社会动荡的根本原因。公司也成为那些受到这种不平衡发展困扰的公司的目标,因此,他们对社会的贡献也受到了严格的审查。随着人们对贫富之间差距的认识不断提高,这种审查只会随着时间的流逝而增加,社会期望也会越来越高。许多公司很快就意识到了这种发展,并做出了积极响应,而其他公司则只有在被推动时才做出响应。本文试图介绍印度企业社会责任(CSR)从慈善到强制性企业社会责任(MCSR)的转变。它还旨在分析为什么在像印度这样的国家,企业社会责任支出必须受到监管。关键字:慈善,企业社会责任,MCSR,《 2013年公司法》,印度

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