Question : CORPORATE SOCIAL RESPONSIBILITY



(a) whether the Government has made it mandatory for every company to have a corporate social policy;

(b) if so, the checks that have been instituted to see that the Corporate Social Responsibility (CSR) is being honoured; and

(c) the manner in which the Government is encouraging corporate social responsibility among industries?

Answer given by the minister


MINISTER OF CORPORATE AFFAIRS (SHRI PREM CHAND GUPTA)

(a): No Sir.

(b): Does not arise.

(c): Companies are being encouraged to address their social responsibility voluntarily through good Corporate Governance practices in the interest of all stake holders .