Corporate Social Responsibility in India Cases and Developments Afte

This book provides a comprehensive overview of Corporate Social Responsibility (CSR) in Indian corporations following the 2013 legal mandate on corporate spending of profits for CSR. Bringing together authors hailing from diverse walks of life, the book p

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Nayan Mitra René Schmidpeter Editors

Corporate Social Responsibility in India Cases and Developments After the Legal Mandate

CSR, Sustainability, Ethics & Governance

Series editors Samuel O. Idowu, London Metropolitan University, United Kingdom Rene´ Schmidpeter, Cologne Business School, Germany

More information about this series at http://www.springer.com/series/11565

Nayan Mitra • Rene´ Schmidpeter Editors

Corporate Social Responsibility in India Cases and Developments After the Legal Mandate

Editors Nayan Mitra Developmental Consultant Kolkata, West Bengal India

Rene´ Schmidpeter Cologne Business School Cologne, Germany

ISSN 2196-7075 ISSN 2196-7083 (electronic) CSR, Sustainability, Ethics & Governance ISBN 978-3-319-41780-6 ISBN 978-3-319-41781-3 (eBook) DOI 10.1007/978-3-319-41781-3 Library of Congress Control Number: 2016951844 © Springer International Publishing Switzerland 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG Switzerland

Foreword This book on “Corporate Social Responsibility In India—Cases And Developments After The Legal Mandate” comes at an excellent time in the socio-economic journey of India. The country is at a moment of transition in many ways as it comes to terms with its place in the world as a vibrant young nation with the potential to chart its own path. Corporate Social Responsibility (CSR) is the bridge between economic and social progress, and the recent developments in the sector mark the coming of age of India. The sector has grown in terms of both impact and range as part of corporate engagement in social development and that is a part of the journey described in this book. The recent legislation on CSR in India brings a sense of order and organisation to corporate investments in social good while enabling a lever that could direct these efforts towards national imperatives, or, to