• Srinu Masa

Corporate Social Responsibility (CSR) has transitioned from voluntary philanthropy to a critical component of corporate governance in India, driven partly by the Companies Act 2013, which mandates CSR spending for qualifying companies. This study explores the multidimensional impact of CSR on social welfare, environmental sustainability, and corporate performance in India. Using mixed methods, including quantitative analysis of CSR spending data from FY 2023-24 and qualitative case studies, this paper evaluates the effectiveness of CSR practices, challenges faced, and opportunities for enhancing CSR's role in India's sustainable development trajectory. The findings reveal that total CSR spending reached INR 34,909 crore in FY 2023-24, representing a threefold increase over a decade, with education and healthcare commanding over 55% of total allocations[1]. This paper contributes to understanding how mandatory CSR frameworks shape corporate behavior and societal outcomes in emerging economies.

Corporate Social Responsibility, India, Social Development, Environmental Sustainability, Corporate Governance, CSR Regulations, Sustainable Development Goals (SDGs), Companies Act 2013

"The Impact of Corporate Social Responsibility (CSR) in India: A Comprehensive Study", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.12, Issue 11, page no.f817-f830, November-2025, Available :http://www.jetir.org/papers/JETIR2511618.pdf

"The Impact of Corporate Social Responsibility (CSR) in India: A Comprehensive Study", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.12, Issue 11, page no. ppf817-f830, November-2025, Available at : http://www.jetir.org/papers/JETIR2511618.pdf