CSR In Rural Development
CHAPTER IV : ROLE OF CSR IN RURAL DEVELOPMENT AND ALLEVIATION OF RURAL PROBLEMS
“We need business to understand its social responsibility, that the main task and objective for a business is not to generate extra income and to become rich and transfer the money abroad, but to look and evaluate what a businessman has done for the country, for the people, on whose account he or she has become so rich.”
-Vladimir Putin • Introduction : Rural problems in India and other countries, developing and developed
• Role of CSR in rural development and alleviation of rural problems
• How CSR is used to alleviate rural problems in developing countries
• Millennium Development Goals for Rural Development
• What are the International instruments on CSR
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One of the high potential schemes for synergy with government programs for the MDGs is the Corporate Social Responsibility (CSR) organised by the business entity (corporation). CSR has a potential to support the achievement of MDGs due to its similar goals and benefits with those of MDGs’ program.
CSR in developing countries however, is based on adhoc research which relies on convenience based case-studies. These case studies are mostly on top-notch companies and incidents within only selected countries like India and China. When it comes to comparative analysis, there is not much comparable
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In developing countries, CSR is most commonly associated with philanthropy or charity, i.e. through corporate social investment in education, health, sports development, the environment, and other community services. Where formal CSR is practiced, this is usually by large, high profile national and multinational companies, especially those with recognized international brands or those aspiring to global status. CSR tends to be less formalised or institutionalized in terms of the CSR benchmarks commonly used in developed countries, i.e. CSR codes, standards, management systems and
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