FE@CAMPUS MASTERMIND: Response by Jairaj Bisht to question for Feb 25 - Mar 03
Feb 27 2013, 16:27 IST
Growth of a nation depends on the skill set of its people & the resources available. To develop a sustainable business environment, we need to develop a model which is inclusive by nature. Recently, the company Bill was passed with a mandate on CSR spending & I agree that this is the affirmative action taken to develop a robust model for economic & social prosperity of the nation. As per the bill companies must ensure that they spend at least 2% of their net profit towards CSR activities. Companies make profit when they have good consumer base for their product & strong manpower to manage things efficiently. If companies spend toward social welfare activities like education, health, plantation, waste disposal & many other activities, they are creating a better & healthy India which will benefit them on a long run & evidently, it is going to have positive impact on profitability of companies. Government rolls out different policies toward different welfare activities but its duty of every one to be a part of this welfare process & make a better India which can have a standing at International forum. India has been consistently ranked poor on different health parameters like malnutrition, infant death & many others, companies can help towards these activities & try to make things better. SO I think that step taken by Government is towards betterment of India .Previous Story Women with longer ring finger than their index more successful in life Next Story Air India's performance has improved: Economic Survey 2013
