Reshaping Futures

Abstract

This study comprehensively explores corporate social responsibility (CSR) in India over eight years (2014-15 to 2021-22), analyzing trends, regional variations, and the socio-economic impact. It uncovers intriguing patterns in CSR engagement and emphasizes the widening gap in spending between top and bottom states. Using regression models, the study quantitatively assesses the influence of CSR investments in health and education on poverty and human development. Results highlight the pivotal role of CSR in health, education, poverty reduction, and overall human development. The empirical dimension deepens the understanding of CSR dynamics in India, contributing significantly to academic literature and offering practical insights for policymakers. This multi-level examination, covering expenditure trends and socio-economic outcomes, enriches the discourse on CSR in India, providing a holistic perspective for comprehensive comprehension and strategic decision-making.