This book on “Corporate Social Responsibility In India—Cases And Developments
After The Legal Mandate” comes at an excellent time in the socio-economic
journey of India. The country is at a moment of transition in many ways as it
comes to terms with its place in the world as a vibrant young nation with the
potential to chart its own path. Corporate Social Responsibility (CSR) is the bridge
between economic and social progress, and the recent developments in the sector
mark the coming of age of India. The sector has grown in terms of both impact and
range as part of corporate engagement in social development and that is a part of the
journey described in this book. The recent legislation on CSR in India brings a
sense of order and organisation to corporate investments in social good while
enabling a lever that could direct these efforts towards national imperatives, or,
towards scale, and certainly towards greater efficiency and impact. This transition
to a systemic approach to corporate social responsibility is documented in this
excellent book. It uses the new legal mandate as a peg to mark the transition and
showcases a multi-stakeholder approach to bring out the effects of the mandate on
the holistic environment.
I congratulate the editors, Mrs. Nayan Mitra and Dr. Rene´ Schmidpeter, for
doing a fabulous job on this book. They have succeeded in bringing together
policymakers, consultants, corporates, and academicians who not only come from
different perspectives and experiences but also have distinct roles in shaping the
future of CSR going forward. The book seamlessly integrates their views and
insights into understanding the legal mandate, its requirements, challenges and
the way forward in an eclectic mix of analytical chapters and case studies. The
authors collectively build a picture that reflects the complex spaces to be negotiated
in CSR that will determine both the scope and impact of the corporate world in
social progress. This is by no means certain and certainly not predicated by the
legislation alone. The chapters in the book reflect the stakeholders and forces at
play in this arena.