Corporate Social Responsibility (CSR) in India is governed by Section 135 of the Companies Act, 2013 and its corresponding Rules. This legislation outlines the eligibility criteria, implementation guidelines, and reporting requirements for CSR activities. India's robust CSR framework reflects its commitment to sustainability and stakeholder engagement, making it a frontrunner in promoting responsible business practices. The mandated CSR provisions position India as a leader in driving positive social and environmental impact through corporate initiatives.
PURPOSE OF CSR:
Overall, CSR aims to create a positive impact on society, promote sustainable development, and align business practices with ethical and responsible principles.