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CSR and Education Inequality: Is Investment Reaching All Corners of India?

Corporate Social Responsibility (CSR) is a catalyst for positive societal change in India. Education, a cornerstone of progress, has become a prime focus for CSR initiatives. Over the years, CSR contributions have significantly enhanced the educational landscape, fostering infrastructure development, providing scholarships, and promoting digital literacy, among other crucial interventions.

India's CSR Evolution and Role of Education CSR

Over the past decade, Corporate Social Responsibility (CSR) in India has undergone a significant transformation, particularly in regional areas. The shift from voluntary philanthropy to a mandated, structured effort has revolutionized how companies contribute to social development. CSR has now become a crucial element of corporate strategy, with a focus on sustainability, impact, and long-term change.

The Role of Education in India's CSR Landscape: India's Sector-Wise Allocation Guide for 2024

Corporate Social Responsibility (CSR) in India has evolved, with companies now mandated to allocate profits to social causes. In 2014, India became the first country to legally mandate CSR spending under Section 135 of the Companies Act, 2013.  This requires businesses exceeding specific financial criteria to allocate 2% of their average net profits to CSR initiatives.