Preview

Improving Quality of Rural Health & Education through Corporate Social Responsibility: A Case Study on Jindal Steel & Power Limited

Powerful Essays
Open Document
Open Document
3720 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Improving Quality of Rural Health & Education through Corporate Social Responsibility: A Case Study on Jindal Steel & Power Limited
Improving Quality of Rural Health & Education through Corporate Social Responsibility: A Case Study on Jindal Steel & Power Limited
*AshutoshPrayas Dash
ABSTRACT
CSR is the commitment of the business to contribute towards sustainable economic development, working with employees, their families, the local community and society at large to improve their quality of life.Rapid industrialization, technologies and urbanization took place as a result of Liberalization, Privatization and Globalization. But the resulted development is confined to selected people and areas only. Thus it has widened the gap between the rich & poor and urban & rural and lead to further hazards and disasters, affecting the lives of the people as well as the environment. To compensate all these ill effects, there is need to support the targeted or marginalized groups with effect training and rehabilitation supports matching to their skills, needs and vulnerability. Thus many business organizations are now engaged in social rural welfare projects, alleviating people’s sufferings and bringing to them new rays of hope and a brighter tomorrow. They aim to initiate and facilitate such processes and initiatives where socially & economically marginalized and deprived people and communities irrespective of age, class, caste, gender or race are able to participate actively in the process of their development so that they may lead a life of dignity and respect.To promote the concept of ‘Leadership with Trust’, working with local communities and other key stakeholders for ensuring continuous and smooth operations, Jindal Steel and Power Limited has always believed in inclusive growth, taking along the communities around its plants, endeavouring to improve the quality of life of the people in the areas it operates in. Its focus on community development and social issues around its facilities in Chhattisgarh, Jharkhand and Odisha has changed the living standards of the people,

You May Also Find These Documents Helpful

  • Powerful Essays

    M&S AND RIVER ISLAND

    • 2821 Words
    • 12 Pages

    Ravi Raman, K. and Lipschutz, R. D. (2010) Corporate social responsibility. Basingstoke [England]: Palgrave Macmillan.…

    • 2821 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Dentex Case

    • 2959 Words
    • 10 Pages

    Citations: Petrenko. A. Corporate social responsibility [Power Point Slides]. Retrieved from Lecture Notes Online Web site: https://moodle.yorku.ca/moodle/course/view.php?id=39261…

    • 2959 Words
    • 10 Pages
    Better Essays
  • Good Essays

    BHP Billiton Summary

    • 980 Words
    • 4 Pages

    Carroll, A.B. and Shabana, K.M. 2010, ‘The business case for corporate social responsibility: a review of concepts, research and practice’, International Journal of Management Reviews, vol. 12, no. 1 pp. 85- 105.…

    • 980 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Db Forum 1

    • 1684 Words
    • 7 Pages

    References: Archie, C. B., & Shabana, K. M. (2009). The Business Case for Corporate Social Responsibility: A Review of Concepts, Research and Practice. International Journal of Management Reviews, 85. Retrieved from http://www.academia.edu/419290/The_Business_Case_for_Corporate_Social_Responsibility_A_Review_of_Concepts_Research_and_Practice…

    • 1684 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Business Ethics Outline

    • 1266 Words
    • 6 Pages

    Crane, A; Matten, D; & Spence, L; (2007) Corporate Social Responsibility: Readings and Cases in a Global Context…

    • 1266 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Chapagain, B. (2010). Corporate Social Responsibility Evidence From Nepalese Financial Service and Manufacturing Sectors. Kathmandu.…

    • 2433 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    In recent years, Corporate and Social Responsibility has become an ever increasing concern and source of community debate. It is now socially accepted that corporations have some ongoing responsibility, though sometimes ignored, to set a good example, make decisions based on social good and on ensuring positive environmental practices.…

    • 1006 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Stockholder vs Stakeholder

    • 23180 Words
    • 93 Pages

    * Visser, W., D. Matten, M. Pohl, Nick Tolhurst (eds.) (2008). The A to Z of Corporate Social Responsibility. Wiley. ISBN 978-0-470-72395-1.…

    • 23180 Words
    • 93 Pages
    Powerful Essays
  • Best Essays

    Propaganda

    • 3751 Words
    • 16 Pages

    CIPD. (2009, September 1). Corporate Social Responsibility. Retrieved January 16, 2010, from Chartered Institute of Personnel and Development: http://www.cipd.co.uk/subjects/corpstrtgy/corpsocres/csrfact.htm?IsSrchRes=1…

    • 3751 Words
    • 16 Pages
    Best Essays
  • Good Essays

    Csr Case Study

    • 6604 Words
    • 27 Pages

    Abstract: Starting from the times of barter system to today’s modern era of plastic money, the mankind has trodden a remarkably long path. Undoubtedly “profitability” has always been the driving force and an undercurrent behind all this development; but as every coin has two facets; growing cut throat competition and business rivalries started taking heavy toll on the quality, transparency, environment and the society in general endangering the peaceful coexistence of business and society. The businesses houses started realizing that they would have to rise over and above the profitability and take care of all those associated with their survival in the society directly or indirectly. This realization resulted into the concept of Corporate Social Responsibility (CSR). This research paper moves around developing an understanding about the corporate social responsibility (CSR), delving into its concept and finding out its scope taking the case study of the TATA Group under Mr. Ratan Tata who has exemplified the sense of responsibility towards the upliftment of common masses and protection of the environment and development of the nation. Keywords: Corporate citizenship, Corporate social responsibility, Employee, Productivity, Profitability, Society, Stakeholders. I. Introduction…

    • 6604 Words
    • 27 Pages
    Good Essays
  • Good Essays

    Yayasan Sime Darby’s activities are guided by a policy of non-discrimination, to ensure that the funds at its disposal benefit all deserving parties.…

    • 848 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    bodies in this area of the law. This is in tandem with the current rise of paternalism and…

    • 6671 Words
    • 30 Pages
    Powerful Essays
  • Powerful Essays

    I have read the rules of Uganda Martyrs University on plagiarism and hereby state that this…

    • 18128 Words
    • 73 Pages
    Powerful Essays
  • Satisfactory Essays

    If I would be the CEO of Eicher Motors, the CSR activities that I would have undertaken along with the current CSR activities would be the ones related to the environment. I believe as Eicher Motor is a manufacturing industry, there are possibilities that it causes harm to the Environment as well.…

    • 695 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Corporate social responsibility is basically a concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment. Corporate social responsibility is represented by the contributions undertaken by companies to society through its business activities and its social investment. This is also to connect the Concept of sustainable development to the company’s level. Over the last years an increasing number of companies worldwide started promoting their Corporate Social Responsibility strategies because the customers, the public and the investors expect them to act sustainable as well as responsible. In most cases CSR is a result of a variety of social, environmental and economic pressures. The Term Corporate Social Responsibility is imprecise and its application differs. CSR can not only refer to the compliance of human right standards, labour and social security arrangements, but also to the fight against climate change, sustainable management of natural resources and consumer protection. The concept of Corporate Social Responsibility was first mentioned 1953 in the publication ‘Social Responsibilities of the Businessman’ by William J. Bowen. However, the term CSR became only popular in the 1990s, when the German Betapharm, a generic pharmaceutical company decided to implement CSR. The generic market is characterized by an interchange ability of products. In 1997 a halt in sales growth led the company to the realization…

    • 6027 Words
    • 25 Pages
    Good Essays