Examining Government Efforts in Promoting Corporate Social Responsibility (CSR) with a Special Focus on Karnataka
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Abstract
Corporate Social Responsibility has emerged as a vital mechanism for fostering sustainable development and inclusive growth in India. This study examines government efforts in promoting CSR in India, with a special focus on Karnataka. Known for its vibrant industrial and technological landscape, Karnataka has become a hub for CSR activities, contributing significantly to the state’s socio-economic development. The study explores policies, frameworks, and initiatives implemented by the government to encourage CSR adoption and foster collaboration between the public and private sectors. Key areas of focus include education, healthcare, environmental conservation, rural development, and skill enhancement, which align with national priorities. It highlights Karnataka’s innovative strategies, such as public-private partnerships, state-level CSR cells, and collaborations with non-governmental organizations (NGOs) that enhance the effectiveness of CSR projects. Findings reveal that while Karnataka has excelled in leveraging CSR for infrastructural and community development, gaps remain in the equitable distribution of resources and transparency in implementation. The study emphasizes the role of government as an enabler, creating a conducive environment for CSR through tax incentives, capacity-building programs, and robust monitoring mechanisms. The research contributes to the growing discourse on CSR by providing actionable recommendations for policymakers, corporations, and NGOs to enhance the impact and inclusivity of CSR in Karnataka. The findings underscore the need for strategic alignment between government objectives and corporate strategies to achieve holistic development.