Corporate Social Responsibility: A case Study of Maruti Udyog Limited

Corporate Social Responsibility (CSR) is a concept that suggests that it is the responsibility of the corporations operating within society to contribute towards economic, social and environmental development that creates positive impact on society at large. As per as Corporate Social Responsibility is concerned, the Companies Act, 2013 is a landmark legislation that made India the first country to mandate and quantify CSR expenditure. A detailed survey of the available literature on ‘corporate social responsibility’ is undertaken for the theoretical underpinnings on the subject. Maruti Suzuki India Limited (‘Company’) has developed its Corporate Social Responsibility Policy (‘Policy’) in accordance with section 135 of the Companies Law 2013 and the rules made there under. The concept of corporate social responsibility has gained prominence from all avenues. So the Organizations must realize that government alone will not be able to get success in its endeavour to uplift the downtrodden of society.