Corporate Social Responsibility in India—An Effort to Bridge the Welfare Gap

This article analyzes the implications of India's mandated CSR under the Companies Act, 2013, on firm incentives, corporate responses, resource availability, and social goods delivery. Drawing on existing literature, it empirically examines voluntary CSR behavior of 500 large Bombay Stock Exchange companies (2003-2011). The article argues that despite potential economic costs, the Act thoughtfully balances corporate and societal objectives, with successful implementation being key to meeting regulatory goals.