Question

Giving suitable examples, discuss the role of CSR in poverty alleviation.

10 Jan 2026
Answer :
Word Count : 996
Corporate Social Responsibility (CSR) refers to the initiatives taken by businesses to contribute positively to society, going beyond their primary objective of profit-making. CSR has emerged as a critical tool for sustainable development, addressing social issues like poverty, education, healthcare, and environmental protection. In the context of poverty alleviation, CSR plays a multifaceted role by leveraging corporate resources, expertise, and networks to improve the livelihoods of underprivileged communities. Poverty alleviation through CSR is not only about direct financial aid but also about creating long-term socio-economic opportunities that empower communities to achieve self-sufficiency. One of the primary ways CSR contributes to poverty reduction is through livelihood enhancement programs. Many corporations invest in skill development and vocational training for marginalized populations, enabling them to access employment or entrepreneurial opportunities. For example, ITC Limited in India has initiated several skill development programs under its CSR mandate, targeting rural youth and women. By providing training in agriculture, handicrafts, and small-scale industries, these initiatives empower individuals to generate sustainable income, thereby ____ ______ _______ ____ ____ ________.
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