Explain the challenges and opportunities in implementing CSR in India.

Question

01 Nov 2023

Answer :

Word Count : 389

Challenges and Opportunities in Implementing CSR in India

Corporate Social Responsibility (CSR) has gained prominence in India with the enactment of the Companies Act, 2013, which mandates companies meeting specific financial thresholds to allocate a portion of their profits towards CSR activities. While CSR initiatives have the potential to bring about positive social and environmental change, there are several challenges and opportunities in implementing CSR in India.

Challenges:

1. Lack of Awareness and Commitment: Many companies still ____ ___ ________ _________ ________ __________.
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