CSR Activities in India - A Study with Special Reference to PGCIL and NTPC

Abstract

Corporate Social Responsibility (CSR) has now been one of the most important mandatory areas of business because of the government intervention. The present study has examined the pattern of CSR spending and the CSR activities undertaken by the Indian corporates. It has been observed that more and more corporates are coming under the scope of CSR and the amount of money spending on CSR has also increased year after year for serving various sectors. A correlational analysis has revealed that there has been a significant difference in CSR spending pattern between the two companies. The study has suggested that a robust monitoring mechanism by way of regular reporting and measuring the progress of CSR activities can help to accomplish the major objectives of corporate social responsibility congruously.