CSR: A Study of Reliance Industries Ltd
Corporate Social Responsibility is not a new concept and many countries are optimizing this process to increase the pace of development in the country. The use of CSR as source of development has made many countries to resolve such problems which were acting as barricades against the country’s development. India is one such country which not only adheres with this CSR phenomenon, but also made it mandatory for specified companies of the country. This article mainly represents how CSR has evolved and developed from centuries and how it helped Reliance Industries Limited, to contribute towards development of India through a case study. Reliance is one of richest company in the world which is spending their funds over CSR activities from years. The research in this article will take the readers to a journey of RIL’s CSR contribution and analyze the strategies of Reliance to achieve a big name in the world of CSR. This document will highlight the company’s commitment towards socio-economic matters in the country and how it has responded to the Corporate Social Responsibility.