Importance of CSR for India

The challenge for corporate social responsibility (CSR) in India is framed by a
vision that was distilled in 2000 into the Millennium Development Goals-“a
world with less poverty, hunger and disease, greater survival prospects for
mothers and their infants, better educated children, equal opportunities for
women, and a healthier environment.

·      India represents the most rapidly expanding economies and hence the most lucrative
growth markets for business.

·      India is one of the developing nations where social and environmental crises are
usually most acutely felt.

·      India is one of the developing countries where globalization, economic growth,
investment, and business activity is likely to have a most dramatic social and
environmental impacts.

India like other developing countries presents a distinctive set of CSR agenda
challenges, which are collectively quite different to those, faced in the
developed world.