Buchkewadi - Model of Community Led Village Development
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    Corporate Social Responsibility (CSR)

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  • Corporate Social Responsibility (CSR)

Corporate Social Responsibility (CSR)

Lost glory reclaimed bringing a notable turn-around through guidance and self-help

In India, Corporate Social Responsibility (CSR) has been formally introduced in the year, 2013. The Companies Act, 2013, makes it legally mandatory for the Boards of Companies to involve the requisite measures for enacting the recommended Corporate Social Responsibility (CSR). The industry has responded positively across the public and private sector, Indian and multinational companies.

The corporate efforts for social needs however did not begin with the government initiative in the country. Even before the mandate, there existed a faction of corporate world, which consistently worked towards neglected aspects in India. They believed they could make a difference to the lives of less-privileged while assisting the country for progress through their intentions and efforts. Thus, the practice of Corporate Social Responsibility is not new to companies in India and Lupin Ltd is one of them.

In 1988, long before the term 'Corporate Social Responsibility' had become a buzzword and decades prior to CSR associated fund allocation and efforts became mandatory through the statutory act, Lupin Foundation had begun its journey. The fundamental intention of Lupin’s social exercise was to alter the socio-economic topography of rural India. Lupin foundation set out to provide an alternative model of rural development, a model, which is sustainable, replicable and ever-evolving in order to essentially empower the under-privileged and marginalized sections of society. The efforts were concentrated to provide the basic infrastructure and balanced ecological base to the villages in India.

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