Exploring CSR for Indian NGOs
International Journal of Economics and Management Studies |
© 2023 by SSRG - IJEMS Journal |
Volume 10 Issue 9 |
Year of Publication : 2023 |
Authors : Ruhaan Mahindru |
How to Cite?
Ruhaan Mahindru, "Exploring CSR for Indian NGOs," SSRG International Journal of Economics and Management Studies, vol. 10, no. 9, pp. 26-32, 2023. Crossref, https://doi.org/10.14445/23939125/IJEMS-V10I9P104
Abstract:
In India, Corporate Social Responsibility (CSR) was made mandatory by law in 2014. The government made the above provision to ensure that corporate enterprises contribute more significantly to the growth of the country and its weaker sections. This research paper delves into the complex and evolving trends and challenges encountered by NGOs receiving CSR grants from corporations in India. The importance of this study is linked to the fact that it focuses primarily on the CSR funds provided towards NGOs, a trend which has seen major growth in recent years. Ergo, considering that most CSR-associated research is dedicated towards the problems regarding corporate compliance, this study addresses a unique perspective: that of NGOs who are privy to said CSR funds. The research paper maintains a qualitative nature while employing an explanatory research design and semi-structured interviews with 3 NGO CSR representatives from the education sector to obtain data in the Indian context. Through such data collection, this research paper reveals the highly dynamic nature of CSR funding towards NGOs, especially the volatility of sector-wise spending. The paper also sheds light on the various impediments arising for NGOs, including limited funding opportunities, late disbursement of funds, and lack of transparency in the acquisition process, amongst several others. These financial, organizational, and procedural obstacles require immediate rectification to ensure the effectiveness of the social work undertaken by these NGOs.
Keywords:
Corporate Social Responsibility, NGO, NPO, Funding, Trends, Obstacles.
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