ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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The First Country to Go Backwards

India's 2% CSR Law

Business persons have always been concerned with their own ends, but multiple pressures from society and polity over time have forced them to sit up and worry about their means of profit as well. The need today is genuine business responsibility and societal trust in business. Mandatory corporate social responsibility may prove inadequate to inculcate either. The new legislation to mandate expenditure for social causes is both meagre and one whose time had long passed - almost as if India has progressed, but "backwards".

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