Relevance and Benefits of Social Impact Assessment in CSR Context


  • Varun V Practicing Cost Accountant Chennai



No Keywords.


Corporate social responsibility under section 135 of the Companies Act, 2013 was mandated with effect from 01.04.2014 in India. A decade down the line, corporates are generally seen to donate to Trusts which engage in activities such as educating children, providing basic healthcare facilities to elderly persons etc. However, CSR activities should go beyond such donations. The utilization of such funds needs to be audited especially in terms of the Impact it has created on the recipients. This article attempts to showcase the relevance, scope and the benefits an impact assessment has in the context of corporate social responsibility.


Download data is not yet available.



How to Cite

V, V. (2024). Relevance and Benefits of Social Impact Assessment in CSR Context. The Management Accountant Journal, 59(5), 55–58.



Cover Story


Section 135 & 198 of Companies Act, 2013

Point no. 34 of the Budget speech of Smt. Nirmala Sitharaman on the 5th of July, 2019. ( Speech.pdf) Exact extract reproduced here: “It is time to take our capital markets closer to the masses and meet various social welfare objectives related to inclusive growth and financial inclusion. I propose to initiate steps towards creating an electronic fund raising platform – a social stock exchange - under the regulatory ambit of Securities and Exchange Board of India (SEBI) for listing social enterprises and voluntary organizations working for the realization of a social welfare objective so that they can raise capital as equity, debt or as units like a mutual fund.”

The 17 Sustainable Development Goals as set out by the United Nations -

Chapter 7: Social Impact Assessment of Study Material of NSIM-Series XXIII: Social Impact Assessors Certification Examinations

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.