Published Paper Details:

Pandit Jawaharlal Nehru, first India's Prime Minister, called public sector units (PSU) as 'the temples of modern India'. Public Sector Enterprises play a crucial role in development of the nation's economy and many of these enterprises have taken the initiatives of Corporate Social Responsibility (CSR) practices which have met with varying needs of the society. The present study has made an attempt to diagnose the CSR practice in PSU of Maharatnas through the fund allocated and utilized before and after the companies act 2013. The study found that Maharatna enterprises have not been able to fully spend their CSR budget, the utilized amount is only 50% from their allocated amount. Finally this paper concluded that Maharatna enterprises are not taking much CSR initiatives as they don't see any support from the governments. Some kind of financial incentives should be given to PSUs so that they can feel motivated and undertake more and more CSR activities.