Impact of the policy framework designed in favor of Corporate Social Responsibility with respect to India in Current Scenario
DOI:
https://doi.org/10.17722/ijme.v7i2.850Keywords:
Co responsibility, Policy Framework, Business& SocietyAbstract
In today’s developing world, governments and businesses understand that their respective competitive positions and their accessibility to capital is directly proportional to their ability to match up the current highest global standards. It includes the guidance for companies pertaining to CSR which is available in the form of frameworks, focusing on the public health, education, livelihoods water conservation and natural resources management. Thus the government of India not only focus on the company’s participation but also on their business practices by setting framework for them including both ( public and private).Thus by analyzing thoroughly current trends of CSR in India and by practicing it in today’s scenario can lead to the significant impact on the community and long term sustainability of business.