From Philanthropy to Mandatory CSR: A Journey Towards Mandatory Corporate Social Responsibility in India

This paper explores the transformation of Corporate Social Responsibility (CSR) from voluntary philanthropy to a mandatory requirement in India. It highlights India's contradictions of economic growth alongside significant poverty and inequality, which places corporate contributions under scrutiny. The authors analyze the rationale for making CSR spending regulatory in India, emphasizing the need for companies to address uneven development and societal expectations to foster inclusive growth.