From Farm to Fortune: Navigating Opportunities and Challenges in Rural CSR Ventures

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From Farm to Fortune: Navigating Opportunities and Challenges in Rural CSR Ventures

CA. Siddhesh V. Wairkar

Assistant Professor

ATLAS SkillTech University, Mumbai

siddhesh.wairkar@atlasuniversity.edu.in

Abstract

The concept of rural development is extensive and encompasses a significant portion of the population residing in rural areas. This paper examines corporate social responsibility (CSR) initiatives in the context of rural development, with a specific focus on the impact of CSR activities on the socioeconomic development of rural communities in India. This research employs a methodology that relies on secondary data. Six public and private companies have been studied to comprehend their operational framework in the context of Corporate Social Responsibility (CSR). This research also aims to understand that Indian companies have recognized the significance of corporate social responsibility (CSR) for business growth, regardless of the sector, size, and business objectives. The actions taken by these companies have demonstrated a positive impact on the development of the rural sector and their own business.

Keywords: Corporate Social Responsibility, Rural CSR, Opportunities, Challenges, Sustainability.

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