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The evolution of corporate social responsibility in India refers to changes over time in India of the cultural norms of corporations' engagement of corporate social responsibility (CSR), with CSR referring to way that businesses are managed to bring about an overall positive impact on the communities, cultures, societies and environments in which they operate.[1] The fundamentals of CSR rest on the fact that not only public policy but even corporates should be responsible enough to address social issues. Thus companies should deal with the challenges and issues looked after to a certain extent by the states.[2] Among other countries India has one of the most richest traditions of CSR[citation needed ]. Much has been done in recent years to make Indian Entrepreneurs aware of social responsibility as an important segment of their business activity but CSR in India has yet to receive widespread recognition. If this goal has to be realised then the CSR approach of corporates has to be in line with their attitudes towards mainstream business- companies setting clear objectives, undertaking potential investments, measuring and reporting performance publicly.
Contents
1 The Four Phases of CSR Development in India 1.1 The First Phase 1.2 The Second Phase 1.3 The Third Phase 1.4 The Fourth Phase 2 Current State of CSR in India 3 References
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strongly inclined towards economic as well as social considerations. However it has been observed that their efforts towards social as well as industrial development were not only driven by selfless and religious motives but also influenced by caste groups and political objectives.[3]
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References
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1. ^ Making Sense of Corporate Social Responsibility (http://www.junoconsulting.com.au/articles/Making_Sense_of_Corporate_Social_Responsibility_Part_II.pdf). 2. ^ Chahoud, Dr. Tatjana; Johannes Emmerling, Dorothea Kolb, Iris Kubina, Gordon Repinski, Catarina Schlger (2007). Corporate Social and Environmental Responsibility in India - Assessing the UN Global Compact's Role (http://www.die-gdi.de/CMS-Homepage/openwebcms3.nsf/%28ynDK_contentByKey%29/ENTR7BMDUB/$FILE/Studies%2026.pdf). 3. ^ Chahoud, Dr. Tatjana; Johannes Emmerling, Dorothea Kolb, Iris Kubina, Gordon Repinski, Catarina Schlger (2007). Corporate Social and Environmental Responsibility in India - Assessing the UN Global Compact's Role (http://www.die-gdi.de/CMS-Homepage/openwebcms3.nsf/%28ynDK_contentByKey%29/ENTR7BMDUB/$FILE/Studies%2026.pdf). 4. ^ Understanding and Encouraging Corporate Responsibility in South Asia (http://bookstore.teriin.org/docs/books/CSR-India-Europe%20Booklet-SampleChp.pdf). 2001. 5. ^ Chahoud, Dr. Tatjana; Johannes Emmerling, Dorothea Kolb, Iris Kubina, Gordon Repinski, Catarina Schlger (2007). Corporate Social and Environmental Responsibility in India - Assessing the UN Global Compact's Role (http://www.die-gdi.de/CMS-Homepage/openwebcms3.nsf/%28ynDK_contentByKey%29/ENTR7BMDUB/$FILE/Studies%2026.pdf). 6. ^ state of CSR in India&ei=hWSDTufLEILYrQeR7pyXDg&usg=AFQjCNGUyiBLgV0n1vNfFp0qXbEEHsuytw&cad=rja Executive summary and recommendations:CSR in India-perspectives for business (http://www.article13.com/OurPublications/CSR%20in%20India_May%202007.pdf). 1. 7. ^ Khanna, Parul; Gitika Gupta (January 2011). PARUL KHANNA Paper-_Corporate_Social_Responsibility-1[1 (http://www.skirec.com/images/download/apjrbm/APJRBM-VOL2-ISSUE-1-JAN-2011/2.13).pdf Status of Corporate Social Responsibility:In Indian Context] 2 (1). 8. ^ Sathish, Ramya. "Corporate Social Responsibility in India - Putting Social-Economic Development on a Fast Track" (http://www.chillibreeze.com/articles_various/CSR-in-India.asp).
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en.wikipedia.org/wiki/Evolution_of_corporate_social_responsibility_in_India
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