• Deepali Rani Sahoo

The world has developed a lot in the past 3 decades, however, despite all the development and growth, there exist some corporates and people who are unacquainted with the concept of Corporate Social Responsibility, let alone having knowledge about CSR being statutorily mandatory for some corporates due to introduction virtue of Section-135 in the Companies’ Laws. The research paper is an attempt to approach the problem and explains the meaning of corporate social responsibility and its significance. Further, the legislative mandate pertaining to CSR is highly disregarded by corporates, by this research is an endeavour is made to highlight in detail, the CSR practices adopted and implemented by different companies and how these practices have contributed in not only the economic growth but the social growth and development of the country as well. To increase the acceptance of CSR practices by corporates it is also imperative to explain that the even though the term “Corporate Social Responsibility” was adopted from the western culture, the concept of CSR finds its origin in the Indian history as well. Efforts have to be made to illustrate that CSR is not a foreign concept. The problem is that CSR is conceived as a mere statutory obligation that has to be complied with by the corporates but rather, it should be conceived as a duty of the corporates towards the society, the people and the environment. Like every individual has certain duties towards the society, the country and the planet, corporates are also considered as legal entities and the same duties should be obliged by them.

CSR practices, optimistic expectations, legislative mandate

"An Analytical Study of CSR for the Upliftment of the Society: Special Reference to the Corporate Sectors in India ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 7, page no.b318-b333, July-2022, Available :http://www.jetir.org/papers/JETIR2207135.pdf

"An Analytical Study of CSR for the Upliftment of the Society: Special Reference to the Corporate Sectors in India ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 7, page no. ppb318-b333, July-2022, Available at : http://www.jetir.org/papers/JETIR2207135.pdf