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- Author or Editor: Sujay Ghosh x
Corporate Social Responsibility (CSR) is a mechanism for corporate firms, large and small, to establish their credentials as responsible and conscientious entities. The protracted COVID-19 pandemic has exposed age-old socioeconomic vulnerabilities in India, manifest via indicators like rising inequalities, reduced livelihood and economic opportunities and shrinking of democratic space. The Indian government was unprepared to handle various human crises, such as that of migrant labourers, but on the other hand came up with appropriate legislation for facilitating CSR activism, in direct contrast to the negligent attitude of the colonial government when a similar pandemic had previously hit India. A survey of CSR activism in India suggests that it had positive implications: mainly the social progress accruing from such philanthropic dispositions. Yet, they are not binding or legally enforceable upon the firms. Also, CSR activities are mostly cosmetic and fail to address deep-rooted structural problems. This chapter attempts to explore how the corporate sector may be productively engaged towards addressing various social issues.