Corporate Social Responsibility (CSR) in India has come a long way since the Companies Act of 2013 made it mandatory for companies to allocate a portion of their profits towards social impact initiatives. India is one of the few countries in the world to have an obligation by law, towards CSR efforts. Since then, the landscape has transformed, with businesses incorporating CSR into their core strategies.
Corporations of all sizes are supporting - social innovations, social impact efforts empowering Impact startups and SMEs through funding and skill development programs. Environmental sustainability is a key focus area, especially reduction in carbon footprints and adopting renewable energy. Clearly CSR in India is no longer just about compliance, it's about creating a better world and staying ahead in the global market. The world could learn from India.
