Abstract

The landscape of corporate social responsibility (CSR) in India is characterized by a dynamic interplay of regulatory mandates, cultural expectations, and business imperatives. This paper provides an in-depth analysis of the multifaceted nature of CSR in India, tracing its historical evolution, examining the regulatory framework, corporate practices, stakeholder perspectives, impact assessment, challenges, and opportunities. Drawing on empirical evidence and case studies, the research illuminates the complexities and nuances of CSR initiatives undertaken by Indian companies, shedding light on their motivations, strategies, and outcomes. Key findings highlight the significance of regulatory mandates in driving CSR compliance, the diverse approaches adopted by companies to address social and environmental issues, and the pivotal role of stakeholders in shaping CSR agendas and outcomes. Moreover, the research identifies challenges such as resource constraints, lack of awareness, and implementation gaps, while also uncovering emerging trends and opportunities for enhancing CSR practices in India. Ultimately, the paper offers insights and recommendations for policymakers, companies, and other stakeholders to navigate the complex landscape of CSR in India, fostering sustainable development and societal impact.

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