Understanding The Needs With Corporate Social Responsibility

By Author: Poonam Yadav
Total Articles: 9
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In this age of global competition, corporates are beginning to realize the stake that they have, as a part of the society. There is a growing realization that they should contribute to social activities globally with a desire to improve the immediate environment where they work and many companies are taking keen interest in such activities. Companies that pay genuine attention to the principles of social responsibility are also favoured by the public who prefer to consume their goods and services. This has given rise to the concept of Corporate Social Responsibility (CSR) by social responsibility, we mean a doctrine that claims that an entity whether it is state, government, corporation, organization or individual has a responsibility to society.


CORPORATE SOCIAL RESPONSIBILITY IN INDIA Indian companies are now expected to discharge their stakeholder responsibilities and societal obligations, along with their shareholder-wealth maximization goal. In India as in the rest of the world there is a growing realization that business cannot succeed in a society which fails. An ideal CSR has both ethical and philosophical ...
... dimensions, particularly in India where there exists a wide gap between sections of people in terms of income and standards as well as socio-economic status However, the concept of CSR for rural development is not new in India. The idea of social responsibility in the Indian society, bounded by notion of caste and fate, dates back to the time of British Rule when Indian reformers launched reform movements which slowly became more socially responsible.


Corporate Social Responsibility (CSR) is a concept that has many different meanings and definitions. The way it is understood and implemented differs greatly for each company and for each country. CSR could play a major role in this context by highlighting the performance of the hospital in a transparent and sincere way and result in better understanding from the community about the above mentioned challenges that this sector faces. Moreover, corporate social responsibility towards quality healthcare will help the healthcare sector to elaborate on social issues that could serve to improve their images and enhance the stakeholder engagement by making their performance indicators available to public.


Water sanitation and hygiene in India has been a point of concern for quite a long time. According to a report published in the Times of India on 9th September 2015, around 1.2 million children under the age of 5 die every year in the subcontinent.


Most of these deaths occur because of preventable waterborne diseases such as diarrhoea and are symptomatic of poor waste management. This is compounded by the fact that over 600 million people defecate in the open in India.

Author Bio:


For the past 3 years I have been writing informative and high quality articles on online CSR. In the above article have covered topics such asWater Sanitation And Hygiene, CSR laws and Corporate Social Responsibility Towards Quality Healthcare.