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Paper ID:IJSREM64341

Impact of Structured CSR Policies on Women’s Socio-Economic Empowerment in India: An Empirical Study of Major Indian Corporations

Stream/Area:

-

Subject:

-

Paper ID:

IJSREM64341

Volume:

10 |

5 |

May 2026

Pages:

1-20

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
10.55041/IJSREM64341

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

Dr. Anwesweta Panigrahi

Dr. Anwesweta Panigrahi

Department of Management Studies

NIST UNIVERSITY, BERHAMPUR

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Abstract

Corporate Social Responsibility (CSR) under Section 135 of the Companies Act, 2013, has prompted major Indian corporations like Tata, Infosys, ITC, Reliance, and Hindustan Unilever to implement structured models targeting women's socio-economic empowerment. This mixed-method study utilizes descriptive statistics, correlation, regression analysis, and hypothesis testing to evaluate the efficacy of these initiatives. The resulting data indicates that while financial investments and vocational training hours correlate positively with improved employability and empowerment outcomes, the relationships fail to achieve statistical significance. Ultimately, this lack of mathematical significance stems from the study's small sample size, which limits the statistical power needed to definitively prove the impact of these corporate programs. Conversely, the study establishes a significant association between structured CSR policies and enhanced women’s empowerment scores. This indicates that strategic program design holds greater influence over positive outcomes than direct monetary expenditure. Successful initiatives prioritize targeted skill-building, financial literacy, leadership training, and community-level interventions to effectively elevate women’s socio-economic status. By providing these empirical insights, the research demonstrates how corporate governance can align local initiatives with national development priorities and United Nations Sustainable Development Goal 5 (Gender Equality). Ultimately, the findings confirm that well-planned corporate frameworks act as vital drivers of female empowerment and employability across India.

KEYWORDS

CSR Women Empowerment Skill Development Corporate Governance Employability India Structured CSR Policies.

Cite This Article

Dr. Anwesweta Panigrahi, "Impact of Structured CSR Policies on Women’s Socio-Economic Empowerment in India: An Empirical Study of Major Indian Corporations," International Journal of Scientific Research in Engineering and Management, vol. 10, no. 5, pp. 1-20, May 2026. https://doi.org/10.55041/IJSREM64341

Full Article/Conclusion

This study demonstrates that corporate social responsibility serves as an effective catalyst for women’s empowerment in India, provided execution moves beyond compliance spending. Budget size does not determine development success; rather, deliberate program architecture, rigorous skill cultivation, and continuous tracking dictate positive outcomes. Companies utilizing systematic, long-term models—such as Tata, Infosys, and Reliance—generate stronger socioeconomic returns than firms relying on ad-hoc funding. To unlock scalable and permanent advancements in female workforce participation and self-reliance, Indian corporations must transition to holistic, context-specific frameworks that blend targeted capacity-building with institutional community support.

References

1.                Carroll, A. B. (1999). Corporate social responsibility: Evolution of a definitional construct. Business & society, 38(3), 268-295. https://doi.org/10.1177/000765039903800303 2.                Blowfield, M., & Frynas, J. G. (2005). Editorial Setting new agendas: critical perspectives on Corporate Social Responsibility in the developing world. International affairs, 81(3), 499-513. https://doi.org/10.1111/j.1468-2346.2005.00465.x 3.                Aguinis, H., & Glavas, A. (2012). What we know and don’t know about corporate social responsibility: A review and research agenda. Journal of management, 38(4), 932-968. https://doi.org/10.1177/0149206311436079 4.                Mishra, S., & Suar, D. (2010). Does corporate social responsibility influence firm performance of Indian companies?. Journal of business ethics, 95(4), 571-601.https://doi.org/10.1007/s10551-010-0441-1 5.                Rupani, J. (2022). Section 135 of the Companies Act, 2013-Has It Created a Difference?. Issue 2 Int'l JL Mgmt. & Human., 5, 985.  6.                Shinde, G. (2017). CSR: POLICY, APPLICABILITY AND CONTRIBUION IN HIGHER EDUCATION.  7.                Lathabhavan, R. (2022). Mandatory Corporate Social Responsibility and After That?: An Analysis From India. In Research Anthology on Developing Socially Responsible Businesses (pp. 1649-1667). IGI Global Scientific Publishing.  8.                Kapoor, G. K., & Dhamija, S. (2017). Mandatory CSR spending—Indian experience. Emerging Economy Studies, 3(1), 98-112. https://doi.org/10.1177/2394901517696645  9.                Kavitha, P. (2019). Trends and pattern of corporate social responsibility expenditure: a study of manufacturing firms in India. ZENITH International Journal of Multidisciplinary Research, 9(3), 58-80.  10.            Deodhar, S. Y. (2015). India's Mandatory CSR, Process of Compliance and Channels of Spending (pp. 1-13). Ahemdabad: Indian Institute of Management.

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5/31/2026

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