Published Paper Details:

Corporate Social Responsibility (CSR) in India is increasingly being viewed as a crucial component of sustainable development that requires a long-term perspective that goes beyond short-term profit motives. This analysis of corporate social responsibility in India highlights the many scopes of this trajectory, which has seen both progress and challenges. This paper tries to evaluate the development of CSR in the Indian context based on mandatory spending versus strategic integration, within a robust regulatory framework. Analyzing leading corporations' CSR expenditures over several fiscal years underlines the fact that there is a serious growth in investment but also nuanced variations, reflecting companies' strategic choices and responses to internal and external pressures. This study analyzes the Corporate Social Responsibility (CSR) practices of India's topmost valuable companies, focusing on trends, challenges, and impacts from FY 2018-19 to FY 2023-24. CSR in India has evolved into a strategic approach that aligns corporate objectives with societal needs, guided by the Indian Companies Act of 2013. The analysis highlights significant variations in CSR spending, with Reliance Industries leading in annual contributions and ICICI Bank achieving the highest growth rate.