Mandating CSR: Indian Government Demands Full Disclosure From Companies - A blog by Aman Singh

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Mandating CSR: Indian Government Demands Full Disclosure From Companies - A blog by Aman Singh

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Summary

The 3BL Media blog roll is a select list of the most influential, respected, and authoritative voices in corporate social responsibility. Compiled from the 3BL Media staff’s extensive contacts with longtime CSR commentators, these bloggers offer relevant news, opinions, and ideas about all things CSR in one convenient place. 

Thursday, August 12, 2010 - 2:58pm

CONTENT: Blog

As the US markets continue to debate whether we are still in a recession, on the road to recovery, or headed for a double recession, the Indian government is busy imposing regulations to boost corporate philanthropy and social responsibility. In an economy that continues to post steady growth despite upheavals across Europe and the U.S., India Inc. is increasingly facing scrutiny for their role—or their notable absence—in the social and environmental growth of the country.

In early March, corporations were surprised with an announcement from the government's Corporate Affairs Minister Salman Khurshid: Corporate Social Responsibility could become written law if companies did not step up their social responsibility footprint. He said, "You can't hope that everything will work without a basic legislative line drawn. But where that line should be drawn must come by way of consensus from industry.

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Keywords: Aman Singh | CSR | Commentary | Corporate Social Responsibility | Corporations | Education | Social Entrepreneurship | Sustainability | VaultCSR | socent

CONTENT: Blog

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