Empowering the Poor through Micro Entrepreneurship The Built CSR Experience access Over the one-time(prenominal) decade, a growing number of companies glob all toldy vex know the business benefits of Corporate Social Responsibility (CSR) policies and practices. As globalization gathers pace, companies in India atomic number 18 also realising the edge that dear CSR practices can surpass them India has a rich tradition of charitable giving dating back to erstwhile kingdoms. In the recent times, businesses have taken on part of that role. Most of the times these donations are assumed to be CSR. At a nonher level there are industries that have vie a bounteous role in development issues, which go far beyond cheque book charity. Such industries have done it as a part of the commitment of their founding members. This CSR may not have much to do with business and is perceived to be outside the preview of the profit making processes of the company. The global pri ckle and standards of CSR are being fine-tuned by CSR practioners in India to make them pertinent to the Indian context. The immense challenges that the country faces visa- vis development spill all over into CSR, so much so that just abouttimes it becomes tough to define the limits of kind responsibility.
Issues bid poverty, inadequate livelihood options, wishing of quality education & vitamin A; illiteracy and the challenges arising out of these issues are what most companies have to study with as part of their day by day operations. Also, identifying and addressing stakeholder concern is a obscure process in a developing country like India.! There are some unique challenges within each stakeholder classify. As each stakeholder group is extremely heterogeneous, they cannot equally access the benefits that a companys CSR activities may provide. To give a concrete examples, ??Amongst employees the Unionized or Organized workmen have access to the collective talk hurt process whereas the casual and contract labour may not....If you fate to get a full essay, order it on our website: OrderCustomPaper.com
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